secwatch.observer — SEC 8-K summary
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Issuer:     Global Net Lease, Inc. (GNL)
CIK:        0001526113
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001628280-25-049599
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GNL posts Q3 AFFO $0.24/share, raises FY guidance; credit upgraded to BBB-
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- Revenue $121M (down 12.7% YoY); net loss $71.1M improved; AFFO $0.24/sh vs $0.32.
- Fitch upgraded GNL to investment-grade BBB- from BB+ on deleveraging and liquidity.
- Reduced net debt by $2B since Q4 2024; net debt/EBITDA 7.2x; $1.8B revolver refinancing cut spread 35bps.
- Repurchased 12.1M shares YTD at $7.59 avg ($92M); raised FY AFFO guidance to $0.95-$0.97.
- Portfolio 97% leased, 60% investment-grade tenants; weighted average debt maturity extended to 3.2 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1526113/000162828025049599/0001628280-25-049599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1526113/000162828025049599/gnl-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-049599

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