Agree Realty (ADC) Prices $450M Notes Offering
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Agree Realty Announces Pricing of $450 Million of 5.625% Senior Unsecured Notes Due 2034
May 6, 2024 4:05 PM EDTROYAL OAK, Mich., May 6, 2024 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its operating partnership, Agree Limited Partnership (the "Operating Partnership"), priced a public offering of $450 million of its 5.625% senior unsecured notes due 2034 (the "Notes"). The public offering price for the Notes was 98.827% of the principal amount for an effective yield to maturity of 5.779%. The Notes will be senior unsecured... More
