Netstreit Corp. Secures $450 Million in New Financing and Amends Credit Facilities with PNC, Wells Fargo, and Truist

Reuters
Sep 26
Netstreit Corp. Secures $450 Million in New Financing and Amends Credit Facilities with PNC, <a href="https://laohu8.com/S/EOD">Wells Fargo</a>, and Truist

**NETSTREIT Corp. Secures $450 Million in New Financing, Amends Credit Facilities** DALLAS-NETSTREIT Corp. $(NTST)$ has announced the closing of $450 million in additional financing commitments and amendments to its existing credit facilities, with agreements involving PNC Bank, Wells Fargo Bank, and Truist Bank. The new term loan credit agreement, led by PNC Bank, includes a $200 million senior unsecured 5.5-year term loan, fully funded at closing, and a $250 million senior unsecured 7-year term loan, with $100 million funded immediately and the remaining $150 million available through September 2026. The company has hedged the 2031 Term Loan at a 4.59% all-in interest rate and partially hedged $200 million of the 2032 Term Loan at 4.92%, both effective as of October 1, 2025. Amendments to the existing credit agreements also remove the SOFR credit spread adjustment. PNC Capital Markets LLC acted as sole bookrunner, with multiple banks serving as joint lead arrangers and syndication agents. Cooley LLP represented NETSTREIT, while Alston & Bird LLP advised the administrative agents.

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. Netstreit Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250926390754) on September 26, 2025, and is solely responsible for the information contained therein.

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