NEW YORK, Aug. 15, 2018 /PRNewswire/ -- Global Net Lease,
Inc. (NYSE: GNL) ("GNL" or the "Company") today announced the
launch of an underwritten public offering of 4,000,000 shares of
common stock under its existing shelf registration statement. In
addition, GNL expects to grant the underwriters a 30-day option to
purchase 600,000 additional shares of common stock.
GNL intends to use the net proceeds from the offering to fund
acquisitions, including a portion of the purchase price for the
pending acquisitions of two net lease distribution properties for
which GNL has signed definitive agreements, as well as for general
corporate purposes.
The joint book-running managers for the offering are BMO Capital
Markets and UBS Investment Bank.
About Global Net Lease, Inc.
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real
estate investment trust listed on the NYSE focused on acquiring a
diversified global portfolio of commercial properties, with an
emphasis on sale-leaseback transactions involving single tenant,
mission critical income producing net-leased assets across
the United States, Western and
Northern Europe. Additional
information about GNL can be found on its website at
www.globalnetlease.com.
Important Notice
This communication shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of
these securities in any state or other jurisdiction in which such
offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such
state or other jurisdiction. Any offer of the securities will be
made only by means of a prospectus, forming part of the effective
registration statement, the applicable preliminary prospectus
supplement and other related documents. Copies of the prospectus
and the prospectus supplement, subject to completion, relating to
these securities may be obtained from BMO Capital Markets Corp. You
should direct any requests to BMO Capital Markets Corp., Attention:
Syndicate Department, 3 Times Square, 25th Floor, New York, New York 10036 or by telephone at
(800) 414-3627 or by email at bmoprospectus@bmo.com. You may also
obtain a copy of the prospectus and the prospectus supplement,
subject to completion, and other documents the Company has filed
with the Securities and Exchange Commission (the "Commission") for
free by visiting the Commission's website at
http://www.sec.gov.
The statements in this press release that are not historical
facts may be forward-looking statements. These forward-looking
statements involve risks and uncertainties that could cause the
outcome to be materially different. In addition, words such as
"may," "will," "seeks," "anticipates," "believes," "estimates,"
"expects," "plans," "intends," "should" or similar expressions
indicate a forward-looking statement, although not all
forward-looking statements include these words. Actual results may
differ materially from those contemplated by such forward-looking
statements, including those set forth in the Risk Factors section
of GNL's most recent Annual Report on Form 10-K and GNL's most
recent Quarterly Reports on Form 10-Q. Further, forward-looking
statements speak only as of the date they are made, and GNL
undertakes no obligation to update or revise forward-looking
statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results over
time, unless required by law.
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SOURCE Global Net Lease, Inc.