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STAG INDUSTRIAL TO ISSUE $550 MILLION OF SENIOR UNSECURED NOTES
STAGSTAG Industrial(STAG) Prnewswire·2025-04-15 20:06

BOSTON, April 15, 2025 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that it entered into a note purchase agreement to issue 550millionoffixedrateseniorunsecurednotesinaprivateplacementofferingwithaweightedaveragefixedinterestrateof5.65550 million of fixed rate senior unsecured notes in a private placement offering with a weighted average fixed interest rate of 5.65% and a weighted average tenor of 6.5 years. The transaction consists of 350 million of 5.50% notes with a five-year term maturing on June 25, 2030; $100 million of 5.82% notes with an eight-year term maturing on June ...