debt
confidence high
sentiment neutral
materiality 0.50
STAG Industrial amends $650M in term loans to SOFR-based pricing
STAG Industrial, Inc.
- Third amended $150M term loan A matures March 2027; interest now SOFR + 0.10% adj. + 0.85% spread.
- Amended $200M term loan F matures January 2025; same SOFR-based rate structure.
- Amended $300M term loan G matures February 2026; rate tied to debt rating and leverage ratio.
- Other material terms, including maturity dates, remain unchanged from prior agreements.