Broadstone Net Lease Inc. (BNL) Announces 13M Share Offering
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Broadstone Net Lease, Inc. Announces Public Offering of Common Stock
August 10, 2022 4:05 PM EDTROCHESTER, N.Y.--(BUSINESS WIRE)-- Broadstone Net Lease, Inc. (NYSE: BNL), (BNL), today announced that it is commencing an underwritten public offering of 13,000,000 shares of Common Stock, par value $0.00025 per share, in connection with the forward sale agreements described below. BNL expects to grant the underwriters a 30-day option to purchase up to 1,950,000 additional shares of Common Stock.
Goldman Sachs & Co. LLC, BMO Capital Markets, J.P. Morgan, and Truist Securities are acting as joint book-running managers of the offering.
BNL and its operating company (the OP) expect to enter into... More
