#United States #Kansas City #Reliant Net Lease #asset-backed securitization #securitization deal

Reliant Net Lease Secures $348 Million in a Successful Asset-Backed Securitization

Reliant Net Lease Properties, a prominent player in the real estate sector, has recently made headlines with the successful closing of a significant $348 million asset-backed securitization deal. This transaction represents a pivotal moment for the company as it moves to bolster its financial strategy and expand its long-term investment portfolio.

Overview of the Transaction

On March 17, 2026, Reliant Net Lease, along with its wholly owned subsidiaries, announced the issuance of long-term, fixed-rate notes under the designation RLNT 2026-1. The notes, which are set to mature in March 2031, were issued in a private placement to institutional investors, confirming the confidence in Reliant's robust financial footing. The principal amounts of these notes are rated by Standard & Poor's Ratings Services, reflecting a diversified risk structure for this financial operation:

• - Class A: $145 million with a AAA rating
• - Class B: $132 million with an AA rating
• - Class C: $71 million with an A rating

Strategic Focus on High-Quality Assets

The securitization is secured by a portfolio of 183 net lease properties, strategically located across the United States. These assets are leased long-term to businesses focused on service-oriented and experience-based offerings, ensuring a steady and strong cash flow. The ability of these businesses to generate steady revenue enhances the security and appeal of the notes issued under this transaction.

Gregg Seibert, CEO of Reliant Net Lease, emphasized the significance of this achievement in his statement. He remarked, "This transaction reflects the strength of our platform and high-quality portfolio, and the trust our debt investors have placed in us." Seibert further highlighted the company's extensive market knowledge, asserting that it has paved the way for a robust pipeline of competitively priced capital. This capital is vital for meeting clients' long-term real estate capital needs, enhancing Reliant's capacity to grow and evolve in a competitive market.

Regulatory Framework and Compliance

Notably, the notes from this transaction will not be registered under the Securities Act of 1933; therefore, they cannot be offered or sold within the United States without appropriate registration or applicable exemptions. The issuance complies with Rule 144A under the Securities Act, with international sales aligning with Regulation S under the same act.

As with any high-stakes financial maneuver, potential investors are reminded that this press release does not constitute an offer to sell the notes or solicit any offers for their purchase. The notes will not be available for sale in jurisdictions where such an action would be illegal prior to registration or qualification under local laws.

About Reliant Net Lease

Reliant Net Lease specializes in the ownership and management of long-term single-tenant net lease real estate across the United States. Based in the Kansas City metropolitan area, the company is committed to creating and managing a diverse portfolio of high-quality net lease assets. This portfolio aims to provide stable income streams and ensure long-term value appreciation. By engaging with both middle-market companies and established brands, Reliant Net Lease offers innovative capital solutions through its sale-leaseback and build-to-suit financing options.

For further information, interested parties can visit Reliant Net Lease's official website to gain insight into their strategic vision and offerings.

In conclusion, the successful closing of this asset-backed securitization is a significant milestone for Reliant Net Lease, showcasing its strategic alignment with market trends and its commitment to providing stability and growth in the real estate investment sphere.