Gladstone Commercial Announces Issuance of $85 Million of Senior Unsecured Notes

Core Viewpoint - Gladstone Commercial Corporation has successfully closed a private placement of $85 million in senior unsecured notes with a 5.99% interest rate, maturing on December 15, 2030, to institutional investors [1] Group 1: Financial Details - The total principal amount of the notes issued is $85 million [1] - The interest rate on the notes is set at 5.99% [1] - The maturity date for the notes is December 15, 2030 [1] Group 2: Use of Proceeds - Proceeds from the notes will be used to repay outstanding indebtedness under the senior unsecured revolving credit facility [1] - Additional proceeds will be allocated for general corporate purposes [1]