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STAG Industrial amends subsidiary note guarantees

The amendments preserve other material terms and condition subsidiary guarantee releases on subsidiaries no longer guaranteeing other indebtedness.

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Form Type
8-K

Rhea-AI Filing Summary

STAG Industrial, Inc. and its operating partnership, STAG Industrial Operating Partnership, L.P., entered into amendments on October 27, 2026, to three note purchase agreements covering outstanding senior unsecured notes: $80 million and $20 million at 4.42%, due December 30, 2026, and February 20, 2027, respectively; $100 million at 4.27%, due June 13, 2028; and $275.0 million at 2.80% and $50.0 million at 2.95%, due September 29, 2031, and September 28, 2033, respectively.

The amendments provide for the release of the Company’s property-owning subsidiaries from their respective guaranty instruments if, among other conditions, they no longer guarantee other indebtedness. Other material terms of the note purchase agreements remain unchanged.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Senior unsecured notes outstanding $80 million 4.42%; due December 30, 2026
Senior unsecured notes outstanding $20 million 4.42%; due February 20, 2027
Senior unsecured notes $100 million 4.27%; due June 13, 2028
Senior unsecured notes $275.0 million 2.80%; due September 29, 2031
Senior unsecured notes $50.0 million 2.95%; due September 28, 2033
note purchase agreement financial
"amendments to the note purchase agreement"
A note purchase agreement is a contract where an investor buys a company’s promissory note — essentially an IOU promising repayment with interest — instead of buying equity. It matters to investors because it defines the borrower’s repayment schedule, interest rate and legal protections, so it affects expected returns, risk of loss, and where the investor stands compared with shareholders or other creditors if the company runs into trouble.
senior unsecured notes financial
"$80 million of 4.42% senior unsecured notes"
Senior unsecured notes are a type of loan a company borrows from investors, promising to pay back with interest. They are called "unsecured" because they aren’t backed by specific assets like buildings or equipment, but "senior" because they are paid back before other debts if the company gets into trouble. Investors see them as a relatively safer way for companies to raise money.
guaranty instruments financial
"release ... from their respective guaranty instruments"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When can STAG Industrial (STAG) subsidiaries be released from note guarantees?

The amendments provide for release from the respective guaranty instruments if, among other conditions, the subsidiaries no longer guarantee other indebtedness. Other material terms of the note purchase agreements remain unchanged.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001479094 0001479094 2026-10-27 2026-10-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported):  October 27, 2026

 

STAG INDUSTRIAL, INC.

(Exact name of registrant as specified in its charter)

 

Maryland   001-34907   27-3099608
(State or Other Jurisdiction   (Commission   (IRS Employer
of Incorporation)   File Number)   Identification No.)

 

100 Federal Street, 29th Floor

Boston, Massachusetts 02110

(Address of principal executive offices, zip code)

 

Registrant’s telephone number, including area code: (617) 574-4777

 

Not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading symbols   Name of each exchange on which 
registered
Common stock, $0.01 par value per share   STAG   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities and Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 1.01.ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

 

On October 27, 2026, STAG Industrial, Inc., a Maryland corporation (the “Company”), and its operating partnership, STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the “Operating Partnership”), entered into amendments (collectively, the “Amendments”) to (i) the note purchase agreement, dated as of December 18, 2014, as amended, among the Company, the Operating Partnership and the noteholders named therein, related to the outstanding $80 million of 4.42% senior unsecured notes, due December 30, 2026, and $20 million of 4.42% senior unsecured notes, due February 20, 2027, (ii) the note purchase agreement, dated as of April 10, 2018, among the Company, the Operating Partnership and the noteholders named therein, related to the $100 million of 4.27% senior unsecured notes, due June 13, 2028, and (iii) the note purchase agreement, dated as of July 8, 2021, among the Company, the Operating Partnership and the noteholders named therein, related to the $275.0 million of 2.80% senior unsecured notes, due September 29, 2031, and $50.0 million of 2.95% senior unsecured notes, due September 28, 2033. The Amendments provide for the release of the Company’s property-owning subsidiaries from their respective guaranty instruments if, among other conditions, the subsidiaries no longer guarantee other indebtedness. The other material terms of each of the note purchase agreements remain unchanged.

 

The foregoing description of the Amendments does not purport to be complete and is qualified in its entirety by reference to the Amendments, copies of which have been filed as Exhibits 10.1, 10.2 and 10.3 hereto, respectively.

 

Item 2.03.CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT.

 

The information set forth under Item 1.01 of this report is incorporated herein by reference.

 

Item 9.01.FINANCIAL STATEMENTS AND EXHIBITS.

 

(d) Exhibits

 

Exhibit
Number
  Description
     
10.1   Series C Unsecured Notes, Series E Unsecured Notes: Third Amendment to Note Purchase Agreement, dated as of October 27, 2026
     
10.2   Series H Unsecured Notes: First Amendment to Note Purchase Agreement, dated as of October 27, 2026
     
10.3   Series I Unsecured Notes, Series J Unsecured Notes: First Amendment to Note Purchase Agreement, dated as of October 27, 2026
     
104   Cover Page Interactive Data File (embedded within the XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  STAG INDUSTRIAL, INC.
   
By: /s/ Jeffrey M. Sullivan
  Name: Jeffrey M. Sullivan
  Title: Executive Vice President, General Counsel and Secretary
Dated: October 29, 2026    

 

 

 

Filing Exhibits & Attachments

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