Agree Limited Partnership, a subsidiary of Agree Realty Corporation, has announced a significant financial move with the underwritten public offering of $400 million in 5.600% Notes due 2035. This development follows the subsidiary's entry into an underwriting agreement with leading financial institutions, including J.P. Morgan Securities LLC and Wells Fargo Securities, LLC. The issuance marks a strategic step for the Delaware-based partnership and its Maryland-based parent company, enhancing their financial standing in the market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Agree Realty Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-050015), on May 16, 2025, and is solely responsible for the information contained therein.