Loan & DebtOct 29, 2026, 04:21 PM
STAG Industrial Amends Three Senior Unsecured Note Purchase Agreements
AI Summary
STAG Industrial, Inc. and its operating partnership have entered into amendments to three existing note purchase agreements originally dated 2014, 2018, and 2021. These amendments primarily concern the release of the Company's property-owning subsidiaries from their respective guaranty instruments, contingent on conditions such as the subsidiaries no longer guaranteeing other indebtedness. The other material terms of the note purchase agreements remain unchanged.
Key Highlights
- STAG Industrial, Inc. amended three note purchase agreements dated 2014, 2018, and 2021.
- Amendments allow for the release of property-owning subsidiaries from guaranty instruments under certain conditions.
- The amendments relate to outstanding senior unsecured notes totaling $200 million from the 2014 agreement.
- The amendments relate to outstanding senior unsecured notes totaling $100 million from the 2018 agreement.
- The amendments relate to outstanding senior unsecured notes totaling $325 million from the 2021 agreement.
Price Impact
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