Gladstone Commercial enters $20M unsecured term loan with KeyBank, matures May 2027

GLADSTONE COMMERCIAL CORP

Term loan for $20 million, unsecured, due May 30, 2027.
Interest rate: SOFR + 155–200 bps or base rate + 55–100 bps.
KeyBank serves as lender and agent; also a lender under existing credit facility.
Proceeds for general corporate purposes; existing credit facility unchanged.
Customary covenants including restrictions on debt, liens, distributions, and M&A.

item 1.01item 2.03item 9.01

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