STAG Industrial extends $1.0B unsecured credit facility maturity to Sep 2028, adjusts interest rate

STAG Industrial, Inc.

Second Amended and Restated Credit Agreement extends maturity of $1.0B unsecured facility from Oct 2025 to Sep 8, 2028.
Borrowings shall bear interest at Base Rate, Adjusted Term SOFR, or Adjusted Daily Simple SOFR plus spread based on debt rating and leverage.
Initial interest rate is one-month Adjusted Term SOFR (incl. 0.10% adjustment) plus 0.775% spread.
Facility includes two six-month extension options exercisable by STAG, subject to conditions and fees.
Other material terms of the credit facility remain unchanged from the prior agreement.

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