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Broadstone Net Lease Closes $350 Million Notes Offering

BY MT Newswires | CORPORATE | 09/26/25 04:33 PM EDT

04:33 PM EDT, 09/26/2025 (MT Newswires) -- Broadstone Net Lease (BNL) said late Friday it closed a $350 million offering of 5% senior unsecured notes due 2032.

The notes were priced at 99.151% of the principal amount.

The proceeds will be used for acquisitions, debt repayment under BNL's $1 billion credit facility and other indebtedness, as well as general corporate needs, the company said.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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