STAG Industrial Refinances $1 Billion Credit Facility

MT Newswires Live09-11

STAG Industrial (STAG) said Tuesday it refinanced the company's $1 billion senior unsecured revolving credit facility.

The facility matures on Sept. 8, 2028, subject to certain conditions and no changes to pricing, according to the company.

Shares of STAG rose more than 3% in after-hours activity.

Price: 40.99, Change: +1.29, Percent Change: +3.25

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment