#United States #Boston #Real Estate #Unsecured Notes #STAG Industrial

STAG Industrial's $550 Million Senior Unsecured Notes Offering

In a significant move to advance its growth strategy, STAG Industrial, Inc. (NYSE: STAG) has announced the issuance of $550 million in senior unsecured notes. This decision, publicly disclosed on April 15, 2025, showcases the company's commitment to expanding its industrial property portfolio across the United States.

Details of the Offering

STAG Industrial's offering encompasses a structured note purchase agreement that involves different note types with varying terms and interest rates. Specifically, the issuance includes:

• - $350 million in 5.50% notes, set to mature on June 25, 2030
• - $100 million in 5.82% notes, due in 2023
• - $100 million in 5.99% notes, with a maturity date of June 25, 2035

With a weighted average interest rate of 5.65% and a tenor of 6.5 years, this offering positions the company favorably in the market, catering to both short and long-term investment needs. STAG Industrial expects to finalize the offering by June 25, 2025.

Background of STAG Industrial

As a prominent player in the real estate investment trust (REIT) sector, STAG Industrial focuses on the acquisition, ownership, and operational management of industrial properties. With a robust portfolio that includes 591 buildings across 41 states, the company boasts approximately 116.6 million rentable square feet. This substantial scale ensures STAG Industrial remains a vital contributor to the industrial real estate market, continuously seeking opportunities for growth.

The company's recent announcement aligns with its strategic goal of enhancing its investment capabilities to accommodate the evolving demands of the market. Offering these senior unsecured notes will enable STAG to leverage capital effectively for future expansions and acquisitions, supporting its long-term strategy amid a competitive landscape.

Regulatory Considerations

It's important to note that the issued notes have not been and will not be registered under the Securities Act of 1933 or applicable state securities laws, indicating that they cannot be offered or sold unless exempt from registration. This criterion underlines STAG's proactive approach in ensuring compliance while pursuing growth initiatives.

Looking Ahead

The issuance of these fixed-rate senior unsecured notes is a testament to STAG Industrial's strategic foresight and robust market positioning. With the extra capital, the company is poised not only to fortify its existing assets but also to explore new opportunities within the industrial property sector.

Analysts and investors alike are keenly observing the developments surrounding STAG Industrial's note offering as they anticipate the potential impact on the company's growth trajectory and overall market position in the coming years.

For more information on STAG Industrial and to track updates regarding their financial initiatives, visit their official website at www.stagindustrial.com.