Broadstone Net Lease closes $350 million 5.000% senior notes offering due 2032
Broadstone Net Lease's operating partnership closed an underwritten public offering of $350 million in 5.000% senior notes due November 1, 2032, on September 26, 2025. The notes are fully guaranteed by Broadstone Net Lease, Inc. and sold at 98.526% of principal, adding fixed-rate debt that ranks equally with the issuer's other senior unsecured debt.
Key points
- Principal amount: $350 million of 5.000% Senior Notes due November 1, 2032; interest paid May 1 and November 1, starting May 1, 2026
- Underwriters paid 98.526% of principal amount; notes are fully and unconditionally guaranteed by Broadstone Net Lease, Inc.
- Indenture requires the company to maintain a certain percentage of total unencumbered assets and may require certain subsidiaries to guarantee the notes in the future
- Notes are redeemable at any time with a make-whole premium; no make-whole premium applies on or after September 1, 2032
The filing
Written by AI on Nov 8, 2026, 1:39 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 26, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.