Broadstone Net Lease Inc, founded in 2007 and headquartered in Rochester, New York, focuses on acquiring and managing single-tenant net lease properties across the United States. The company is dedicated to providing long-term, stable income through its extensive real estate portfolio, primarily targeting retail, industrial, and office sectors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BNL 2.60% 2031-09-15 USDBroadstone Net Lease Inc | United States | 2031-09-15 | 2.600 | 4.88 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Broadstone Net Lease began issuing corporate bonds in 2013, with the aim of enhancing their capital structure for property acquisitions. Notable bond issuances include their $400 million offering in 2021, which was used to finance new acquisitions and refinance existing debt. As of 2023, their bonds have offered yields competitive with industry standards, reflecting strong investor interest. The company also introduced a unique feature in some of their bonds, allowing early redemption options which have garnered attention among retail investors.