Gladstone Commercial Announces Issuance of $85 Million of Senior Unsecured Notes

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[{"type":"text","content":"MCLEAN, VA / ACCESS Newswire / December 15, 2025 / Gladstone Commercial Corporation (Nasdaq:GOOD) (\"Gladstone Commercial\") today announced that its subsidiary, Gladstone Commercial Limited Partnership (\"Gladstone LP\"), has closed $85 million in aggregate principal amount of 5.99% senior unsecured notes due December 15, 2030 (the \"Notes\"), in a private placement with certain institutional investors.Gladstone LP plans to use the proceeds to, among other things, repay outstanding indebtedness under its senior unsecured revolving credit facility, and for general corporate purposes.\"We are excited by the support of superior, long-term institutional investors in this debt private placement, which was executed on attractive terms. In addition, this marks our second issuance in the long-term unsecured debt market and the continuance of our movement away from secured mortgage debt,\" stated Buzz Cooper, President of Gladstone Commercial.The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the \"Act\"), or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act and applicable state securities laws. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.Huntington Securities, Inc. and Fifth Third Securities, Inc acted as Co-Lead Placement Agents. Keybanc Capital Markets Inc., Bank of America Securities, Inc. and Goldman Sachs & Co. LLC served as Co-Placement Agents. Squire Patton Boggs (US) LLP acted as counsel to Gladstone Commercial and Gladstone LP, and Venable LLP acted as Maryland counsel to Gladstone Commercial. Chapman and Cutler LLP acted as counsel to the purchasers.About Gladstone Commercial (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 September 30, 2025, Gladstone Commercial's real estate portfolio consisted of 151 properties located in 27 states, totaling approximately 17.7 million square feet. For additional information, please visi...

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