Global Net Lease Announces $237 Million CMBS Re-Financing

Fixed interest rate of 5.74% is 159 basis points lower than existing debt on re-financed assets Reduces annualized interest expense by over $3.5 million NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") announced today that the Company completed a $237 million commercial mortgage-backed security loan (the "Loan") secured by 20 U.S. industrial properties previously secured under the Company's corporate credit facility. The lead lender for the Loan is Ban ...