Global Net Lease Announces Upsized Credit Facility, $50 Million Commitment From Barclays Brings Facility Total To $1.2 Billion

February 25, 2021

Source: GlobeNewswire

Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") announced today that Barclays has committed $50 million to the Company's revolving credit facility, bringing total commitments to approximately $1.2 billion. The increase in commitments was made, at the request of the Company, pursuant to the credit facility's uncommitted "accordion feature."

"We are very pleased to be expanding our relationship with Barclays and adding their expertise to our robust banking group," said James Nelson, CEO of GNL. "The upsized credit facility helps us to actively pursue and close accretive acquisitions in the United States and Europe that fit our strict investment criteria. The strength of GNL's balance sheet and the availability of funds on our credit facilities permit us to be nimble in our active management of the Company's portfolio."

About Global Net Lease, Inc.

Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com.

Contacts:

Investors and Media:
Email: investorrelations@globalnetlease.com
Phone: (212) 415-6510

 

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