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Global Net Lease Reports First Quarter 2025 Results
GNLGlobal Net Lease(GNL) GlobeNewswire·2025-05-07 20:15
  • Successfully Closed First Phase of Multi-Tenant Portfolio Sale Resulting in 1.1BillionofGrossProceeds;OnTracktoCloseRemainingMultiTenantPortfolioSalebyEndofQ225ReducedNetDebtby1.1 Billion of Gross Proceeds; On Track to Close Remaining Multi-Tenant Portfolio Sale by End of Q2’25 - Reduced Net Debt by 833 Million in Q1’25; Improved Net Debt to Adjusted EBITDA to 6.7x - Repurchased 7.9 Million Shares at a Weighted Average Price of 7.50Totaling7.50 Totaling 59 Million as of May 2, 2025 - Reaffirms 2025 Guidance NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”), a ...