---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-035579"
form_type: "8-K"
ticker: "STAG"
cik: "0001479094"
company_name: "STAG Industrial, Inc."
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T14:59:02.952173+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# STAG Industrial closes $450M private placement of senior notes; rates 6.05%-6.30%

## Summary
- $450M total: $175M 6.05% Series A due 2029, $125M 6.17% Series B due 2031, $150M 6.30% Series C due 2034.
- Closing expected May 28, 2024; proceeds to repay unsecured credit facility and for general corporate purposes.
- Notes are senior unsecured, guaranteed by STAG Industrial and certain subsidiaries.
- Fixed rates between 6.05% and 6.30%, payable semiannually; optional prepayment subject to make-whole.
- Financial covenants include minimum interest coverage ratio of 1.50:1.00.

## SEC filing metadata
- accession: 0001104659-24-035579
- form_type: 8-K
- ticker: STAG
- cik: 0001479094
- company_name: STAG Industrial, Inc.
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1479094/000110465924035579/0001104659-24-035579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1479094/000110465924035579/tm248990d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-035579
- JSON: https://secwatch.observer/filing/0001104659-24-035579.json
- Plain text: https://secwatch.observer/filing/0001104659-24-035579.txt

## Key facts
- Material Agreements
  STAG Industrial, Inc. entered into Note Purchase Agreement with noteholders named therein valued at $175 million senior unsecured notes at 6.05% due 2029, $125 million at 6.17% due 2031, $150 million (effective 2024-03-13).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: noteholders named therein
  - Value: $175 million senior unsecured notes at 6.05% due 2029, $125 million at 6.17% due 2031, $150 million
  - Effective: 2024-03-13
  source text: On March 13, 2024, STAG Industrial, Inc., a Maryland corporation (the “ Company ”), and its operating partnership, STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the “ Borrower ”), entered into a note purchase agreement, dated as of March 13, 2024 (the “ Purchase Agreement ”), with the noteholders named therein. The Purchase Agreement provides for the future private placement of $175 million of senior unsecured notes, maturing May 28, 2029, with a fixed annual interest rate of 6.05%, $125 million of senior unsecured notes, maturing May 28, 2031, with a fixed annual interest rate of 6.17%, and $150 million of senior unsecured notes, maturing May 28, 2034, with a fixed annual interest rate of 6.30%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1479094/000110465924035579/0001104659-24-035579-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.