Global Net Lease, Inc. announced on August 6, 2025, the successful $1.8 billion refinancing of its Revolving Credit Facility. This refinancing extends the maturity date from October 2026 to August 2030, inclusive of two 6-month extension options.
The new facility provides attractive benefits, including an immediate 35-basis point reduction in interest spread due to improved pricing. GNL expects to save approximately $2 million in annual interest as a result of this improved spread pricing.
This transaction significantly increases GNL's liquidity and extends its weighted average debt maturity, with no significant debt maturities now until 2027. The refinancing strengthens GNL's balance sheet and further reduces its cost of capital, with the spread on its credit facility lowered by 70 basis points since Q3 2024.
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