STAG Industrial to Issue $450 Million of Senior Unsecured Notes and Refinances Term Loan

STAG Industrial, Inc. today announced that it entered into a note purchase agreement to issue $450 million of fixed rate senior unsecured notes in a private placement offering with a weighted average fixed interest rate of 6.17%. In addition, the Company refinanced a $200 million unsecured term loan that was set to mature in January 2025, which now matures March 25, 2027.