Global Net Lease Inc. (GNL) recently received a credit rating upgrade from S&P Global, with its corporate credit rating elevated to BB+ from BB. Additionally, the issuer-level rating on GNL's unsecured notes has been raised to investment-grade BBB- from BB+. These upgrades come as a result of GNL's efforts to reduce leverage, enhance liquidity, and strengthen its overall credit profile. The improved rating has positively impacted GNL's cost of capital and expanded its access to the unsecured bond market.
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