Gladstone Commercial Corporation (GOOD) announced on October 14, 2025 that it has amended, extended, and upsized its syndicated revolving credit and term loan facility. The credit facility was increased from $475 million to $600 million, with an option to raise the limit to $850 million. The term loan component was upsized by $50 million and the revolving credit component by $75 million, providing the company with greater liquidity and flexibility for future acquisitions and debt management.
In the same announcement, the board declared a new quarterly cash distribution of $0.10 per share for the months of October, November, and December 2025. The distribution will be paid to common shareholders in accordance with the company’s dividend policy. This new dividend adds to the company’s total annual dividend payout and reflects its ongoing commitment to returning value to shareholders.
The credit facility upsizing enhances Gladstone Commercial’s ability to fund strategic acquisitions and refinance existing debt, supporting its industrial pivot strategy. The new dividend distribution provides immediate cash flow to shareholders and signals confidence in the company’s cash generation. Together, these events strengthen the company’s financial position and shareholder value.
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