debt
confidence high
sentiment neutral
materiality 0.50
Getty Realty closes $125M private placement of senior unsecured notes at 5.52% and 5.70%
GETTY REALTY CORP /MD/
- $50M Series R notes at 5.52% due Sept 2029; $75M Series S/T notes at 5.70% due Feb 2032.
- Proceeds to repay $50M 4.75% Series C notes maturing Feb 2025 and fund investment activity.
- Notes issued to affiliates of New York Life and Prudential under amended agreements.
- Closing occurred Nov 25, 2024; funding on Feb 25, 2025; CFO cites support for growth capital.