financetom
Business
financetom
/
Business
/
Broadstone Net Lease Closes Amended $1.5 Billion Credit Agreement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Broadstone Net Lease Closes Amended $1.5 Billion Credit Agreement
Mar 3, 2025 5:46 AM

08:19 AM EST, 03/03/2025 (MT Newswires) -- Broadstone Net Lease ( BNL ) said it has closed a $1.5 billion amended and restated credit agreement, which includes a $1.0 billion revolving credit facility and a $500 million term loan.

The company said it also entered into conforming amendments to its 2027 and 2029 term loans

The updated revolving credit facility has an initial term of four years, maturing in March 2029, and includes two six-month extension options, the company said.

The term loan replaces its existing $400 million term loan due 2026, has an initial term of three years and includes two 12-month extension options, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Martin Marietta Materials Keeps Quarterly Dividend at $0.79 a Share, Payable Dec. 31 to Shareholders of Record Dec. 2
--Martin Marietta Materials Keeps Quarterly Dividend at $0.79 a Share, Payable Dec. 31 to Shareholders of Record Dec. 2
Nov 9, 2024
03:12 PM EST, 11/07/2024 (MT Newswires) -- Price: 619.73, Change: +2.42, Percent Change: +0.39 ...
Bath & Body Works Fundamentals 'Good Enough' to Meet Q3 Estimates, UBS Says
Bath & Body Works Fundamentals 'Good Enough' to Meet Q3 Estimates, UBS Says
Nov 9, 2024
03:02 PM EST, 11/07/2024 (MT Newswires) -- Bath & Body Works' ( BBWI ) current fundamentals are good enough to allow the company to deliver Q3 earnings in line with expectations, UBS said in an earnings preview Thursday. According to the firm, sentiment around the stock was mixed, with the bar for the earnings event being the company reporting Q3...
Goldman Sachs appoints 95 new partners, including 26 women
Goldman Sachs appoints 95 new partners, including 26 women
Nov 9, 2024
Nov 7 (Reuters) - Goldman Sachs ( GS ) promoted 95 bankers to its elite partner ranks, including 26 women, the Wall Street giant said on Thursday. The appointments, which occur every other year, rose from 80 partners named in 2022. The partnership is a legacy of Goldman's era as a private firm, when partners pooled their own money to...
New 'Star Wars' film trilogy in the works at Disney
New 'Star Wars' film trilogy in the works at Disney
Nov 9, 2024
LOS ANGELES, Nov 7 (Reuters) - A new Star Wars film trilogy written by X-Men producer Simon Kinberg is in the early stages of development at Walt Disney Co ( DIS ), a source familiar with the matter said on Thursday. Kinberg, who co-created animated series Star Wars Rebels, also will produce the movies alongside Lucasfilm President Kathleen Kennedy. Disney...
Copyright 2023-2026 - www.financetom.com All Rights Reserved