Global Net Lease, Inc. (NYSE:GNL) Files An 8-K Entry into a Material Definitive Agreement

Global Net Lease, Inc. (NYSE:GNL) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.

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On October 4, 2018, Global Net Lease, Inc. (the “Company”) entered into an amendment (the “Amendment”) to the Equity Distribution Agreement dated December 12, 2016 between the Company, its operating partnership and the current agents under the Company’s “At-the-Market” program with respect to its common stock, UBS Securities LLC, Robert W. Baird & Co. Incorporated, Capital One Securities, Inc., Mizuho Securities USA LLC, B. Riley FBR, Inc. (formerly known as FBR Capital Markets & Co.), and KeyBanc Capital Markets Inc., for the purpose of adding BMO Capital Markets Corp. (“BMO”) as an additional agent.

Certain of the agents or their affiliates are or have been lenders to the Company under its credit facility and other loans, agents under the Company’s “At-the-Market” program with respect to its Series A Preferred Stock or counterparties with respect to certain of the Company’s swaps.

A copy of the Amendment is filed as Exhibit 1.1 to this Current Report on Form8-K, and the description of the material terms of the Amendment in this Item 1.01 is qualified in its entirety by reference to the Amendment, which is incorporated herein by reference.

A copy of the opinion of Proskauer Rose LLP relating to the Company’s “At-the-Market” program with respect to its common stock is being filed with this Current Report on Form 8-K as Exhibits 8.1 and 23.1.

Item 1.01. Financial Statements and Exhibits.
1.1 Amendment No. 2 to Equity Distribution Agreement.
8.1 Opinion of Proskauer Rose LLP.
23.1 Consent of Proskauer Rose LLP (included in Exhibit 8.1 hereto).

Global Net Lease, Inc. Exhibit
EX-1.1 2 tv503736_ex1-1.htm EXHIBIT 1.1 Exhibit 1.1   GLOBAL NET LEASE,…
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About Global Net Lease, Inc. (NYSE:GNL)

Global Net Lease, Inc. is a real estate investment trust that focuses on acquiring and managing a portfolio of strategically located commercial real estate properties. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. The Company focuses its investments on commercial and retail properties, including special use single tenant properties. The Company owns approximately 330 net-leased commercial properties consisting of over 18.7 million rentable square feet. The Company has approximately 270 properties located in the United States and Puerto Rico, over 40 properties located in the United Kingdom and approximately 20 properties located across continental Europe. Its portfolio of real estate properties includes McDonald’s, Wickes Building Supplies I, Thames Water, Northern Rock, Con-way Freight, Western Digital, GE Aviation, DFS Trading, Talk Talk, GSA IV, Nissan, Select Energy Services I and Lhoist.

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