financetom
Business
financetom
/
Business
/
Global Net Lease Refinances Revolving Credit Facility
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Global Net Lease Refinances Revolving Credit Facility
Aug 6, 2025 7:45 AM

10:19 AM EDT, 08/06/2025 (MT Newswires) -- Global Net Lease ( GNL ) said Wednesday it completed a $1.8 billion refinancing of its revolving credit facility.

The refinancing, which extends the maturity date to August 2030 from October 2026 including two six-month extension options, cuts the cost of capital by reducing the interest rate spread by 35 basis points, the company said.

The company said it expects to save about $2 million in interest annually because of the improved spread pricing, adding that it currently doesn't have "significant" debt maturities until 2027.

Price: 6.85, Change: -0.02, Percent Change: -0.26

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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved