Gladstone Commercial Announces Issuance of $85 Million of Senior Unsecured Notes | GOOD Stock News

StockTitan
2025.12.15 13:30
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Gladstone Commercial Corporation announced the issuance of $85 million in senior unsecured notes at 5.99% due December 15, 2030, in a private placement. The proceeds will be used to repay existing debt and for general corporate purposes. This marks their second issuance in the long-term unsecured debt market, moving away from secured mortgage debt. The notes are not registered under the U.S. Securities Act and were placed with institutional investors. Huntington Securities and Fifth Third Securities acted as Co-Lead Placement Agents.