STAG Industrial (STAG) announces $325 million notes placement.

STAG Industrial, Inc. (STAG) announced today that it has agreed to issue $325 million of senior unsecured notes in a private placement.  The offering is expected to close on September 28, 2021.  The transaction includes:
      • $275 million of 2.80% senior unsecured notes due 2031.
      • $50 million of 2.95% senior unsecured notes due 2033.
STAG Industrial focuses on the acquisition and ownership of single-tenant industrial properties throughout the United States.  As of March 31, 2021, the company's portfolio included 494 properties in 39 states with 99 million rentable square feet. STAG went public in 2011 and has a total market capitalization of approximately $7.3 billion.