Gladstone Commercial Amends, Extends and Upsizes Credit Facility
Gladstone Commercial (Nasdaq:GOOD) amended, extended and upsized its syndicated credit facility on October 14, 2025.
The total facility rose from $475 million to $600 million, with an option to increase by up to $250 million for a potential $850 million total. The aggregate term loan was upsized by $50 million and the revolving credit by $75 million.
Maturities were extended: the revolving facility to October 2029, Term Loan A to October 2029, Term Loan B to February 2030, and an option to extend Term Loan C to February 2029. The company said the increased availability will support liquidity for acquisitions and operations, with Key Bank leading the bank group and two new banks joining the facility.
Gladstone Commercial (Nasdaq:GOOD) ha modificato, esteso e aumentato la sua linea di credito sindacata il 14 ottobre 2025.
La linea complessiva è passata da $475 milioni a $600 milioni, con l'opzione di aumentare fino a $250 milioni per un potenziale totale di $850 milioni. Il term loan aggregato è stato aumentato di $50 milioni e la revolving credit di $75 milioni.
Le scadenze sono state estese: la facility revolving fino a ottobre 2029, il Term Loan A fino a ottobre 2029, il Term Loan B fino a febbraio 2030, e un'opzione per estendere il Term Loan C fino a febbraio 2029. L'azienda ha dichiarato che la maggiore disponibilità sosterrà la liquidità per acquisizioni e operazioni, con Key Bank che guida il gruppo di banche e due nuove banche che si sono unite alla facility.
Gladstone Commercial (Nasdaq:GOOD) enmendó, amplió y aumentó su facilidad de crédito sindicada el 14 de octubre de 2025.
La facilidad total pasó de $475 millones a $600 millones, con la opción de incrementar hasta $250 millones para un total potencial de $850 millones. El préstamo a plazo agregado fue aumentado en $50 millones y la línea de crédito revolvente en $75 millones.
Las vencimientos se ampliaron: la línea revolvente hasta octubre de 2029, el Préstamo a Plazo A hasta octubre de 2029, el Préstamo a Plazo B hasta febrero de 2030, y una opción para extender el Préstamo a Plazo C hasta febrero de 2029. La empresa indicó que la mayor disponibilidad apoyará la liquidez para adquisiciones y operaciones, con Key Bank liderando el grupo bancario y dos nuevos bancos uniendo a la facilidad.
Gladstone Commercial (나스닥:GOOD)은 2025년 10월 14일에 syndicated 신용시설을 수정, 연장 및 증가시켰다.
총 시설은 $475백만에서 $600백만으로 올랐고, 최대 $250백만까지 증액 옵션이 있으며 잠재 총액은 $850백만이다. 총합의 만기 대출은 $50백만 증가했고 신용한도 회전은 $75백만 증가했다.
만기가 연장됐다: 회전시설은 2029년 10월, Term Loan A는 2029년 10월, Term Loan B는 2030년 2월, Term Loan C를 2029년 2월로 연장 옵션. 이 회사는 증가된 가용성이 인수 및 운영의 유동성을 지원할 것이며, Key Bank가 은행군을 주도하고 두 개의 신규 은행이 시설에 합류했다고 밝혔다.
Gladstone Commercial (Nasdaq:GOOD) a modifié, étendu et augmenté sa ligne de crédit syndiquée le 14 octobre 2025.
La ligne totale est passée de 475 millions de dollars à 600 millions de dollars, avec une option d'augmentation jusqu'à 250 millions de dollars pour un total potentiel de 850 millions de dollars. Le prêt à terme agrégé a été augmenté de 50 millions de dollars et la ligne de crédit renouvelable de 75 millions de dollars.
Les échéances ont été prolongées : la ligne renouvelable jusqu'au octobre 2029, le Prêt à terme A jusqu'au octobre 2029, le Prêt à terme B jusqu'au février 2030, et une option pour étendre le Prêt à terme C jusqu'au février 2029. L'entreprise a déclaré que cette disponibilité accrue soutiendra la liquidité pour les acquisitions et les opérations, Key Bank dirigeant le groupe bancaire et deux nouvelles banques rejoignant la facilité.
Gladstone Commercial (Nasdaq:GOOD) hat am 14. Oktober 2025 seine syndizierte Kreditfazilität geändert, verlängert und erhöht.
Die Gesamtfazilität stieg von 475 Millionen USD auf 600 Millionen USD, mit der Option, um bis zu 250 Millionen USD zu erhöhen, für potenziell 850 Millionen USD insgesamt. Der aggregierte Term Loan wurde um 50 Millionen USD erhöht und der revolving credit um 75 Millionen USD.
Fälligkeiten wurden verlängert: die revolvierende Facility bis Oktober 2029, Term Loan A bis Oktober 2029, Term Loan B bis Februar 2030, und eine Option, Term Loan C bis Februar 2029 zu verlängern. Das Unternehmen sagte, dass die erhöhte Verfügbarkeit die Liquidität für Akquisitionen und den Betrieb unterstützen wird, wobei Key Bank das Bankengremium führt und zwei neue Banken der Facility beigetreten sind.
Gladstone Commercial (ناسداك:GOOD) عدلت وأمدت وكبرت تيسيرتها الائتمانية المجمّعة في 14 أكتوبر 2025.
ارتفع الإجمالي للمنشأة من $475 مليون إلى $600 مليون، مع خيار للزيادة حتى $250 مليون لإجمالي محتمل مقداره $850 مليون. ازدادت القرض القصير الأجل المجمّع بمقدار $50 مليون وتزايد الائتمان المتجدد بمقدار $75 مليون.
تمت تمديد الاستحقاقات: الائتمان المتجدد حتى أكتوبر 2029، القرض لمدة أ حتى أكتوبر 2029، القرض لمدة B حتى فبراير 2030، وخيار لتمديد القرض لمدة C حتى فبراير 2029. قالت الشركة إن زيادة التوفر ستدعم السيولة للاندماجات والعمليات، مع قيادة Key Bank لمجموعة البنوك وانضمام بنكَين جديدين إلى التسهيل.
Gladstone Commercial (纳斯达克:GOOD) 于2025年10月14日修改、延长并扩大其联合授信额度。
总额度从5亿美元增至6亿美元，并有上调至最多2.5亿美元的选项，总额潜在达到8.5亿美元。聚合的定期贷款增加了5000万美元，循环信贷增加了7500万美元。
到期日延长：循环额度至2029年10月，A方定期贷款至2029年10月，B方定期贷款至2030年2月，可以选择将C方定期贷款延至2029年2月。公司表示增加的可用性将支持并购与运营的流动性，Key Bank领衔银行集团，另外有两家新银行加入该额度。
- Total facility increased to $600M with $850M upside option
- Revolving credit upsized by $75M
- Aggregate term loans upsized by $50M
- Revolving facility maturity extended to Oct 2029
- Term Loan B maturity extended to Feb 2030
- Adds two new bank participants to the credit group
- None.
MCLEAN, VA / ACCESS Newswire / October 14, 2025 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that it amended, extended and upsized its syndicated revolving credit and term loan facility from
The revolving credit facility maturity was extended to October 2029 and the maturity dates for the Term Loan A and Term Loan B components were extended until October 2029 and February 2030, respectively. The amended credit facility also provides the company with an option to extend the Term Loan C component until February 2029.
"We are pleased to announce the successful execution of this transaction with the support of our bank group, led by Key Bank as joint lead arranger and book manager, as well as Bank of America, The Huntington National Bank and Fifth Third Bak National Association as joint lead arrangers. The upsized facility provides us with significant liquidity and a favorable extended debt maturity profile going forward," remarked Jay Beckhorn, Treasurer of Gladstone Commercial.
"We're very pleased to welcome two new banks to the credit facility and the continued support of our bank group. This new facility will be instrumental in our continued growth," said Gary Gerson, Chief Financial Officer of Gladstone Commercial.
About Gladstone Commercial Corporation (Nasdaq: GOOD)
Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of June 30, 2025, Gladstone Commercial's real estate portfolio consisted of 143 properties located in 27 states, totaling approximately 17.0 million square feet. For additional information please visit www.gladstonecommercial.com.
For Broker Submittals: For Asset Management Matters:
Nick Lindsay | Greg Yayac |
Vice President | Senior Vice President / Director |
(703) 966-3864 | (703) 287-5912 |
Investor or Media Inquiries:
Buzz Cooper | Catherine Gerkis |
President | Director of Investor Relations/ESG |
(703) 287-5815 | (703) 287-5846 |
All statements contained in this press release, other than historical facts, may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements involve inherent risks and uncertainties as they relate to expectations, beliefs, projections, future plans and strategies, anticipated events, or trends concerning matters that are not historical facts and may ultimately prove to be incorrect or false. Forward-looking statements include information about possible or assumed future events, including, without limitation, those relating to the discussion and analysis of Gladstone Commercial's business, financial condition, results of operations, and our strategic plans and objectives. Words such as "may," "might," "believe," "will," "anticipate," "future," "could," "growth," "plan," "intend," "expect," "should," "would," "if," "seek," "possible," "potential," "likely" and variations of these words and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain these words. Forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those included within or contemplated by such statements, including, but not limited to, the description of risks and uncertainties in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the SEC on February 18, 2025, and certain other filings made with the SEC. Gladstone Commercial cautions readers not to place undue reliance on any such forward-looking statements which speak only as of the date made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
For further information:
Gladstone Commercial Corporation, (703) 287-5893
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstonecompanies.com.
SOURCE: Gladstone Commercial Corporation
View the original press release on ACCESS Newswire
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