STAG Industrial, Inc. Announces Agreement In Principle For $200M Of Private Unsecured Notes

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STAG Industrial, Inc. (the "Company")
STAG
announced today an agreement in principle for the pricing of a $200 million private placement of senior unsecured notes, consisting of $100 million with a 10-year term and $100 million with a 12-year term, to be issued by the Company's operating partnership. The Company expects all $100 million of 10-year notes, bearing interest at a fixed annual rate of 4.32%, to be issued on or around February 20, 2015. The Company expects $80 million of 12-year notes, bearing interest at a fixed annual rate of 4.42%, to be issued on or around December 30, 2014, and the remaining $20 million of 12-year notes, bearing interest at the same rate, to be issued on or around February 20, 2015. The placement of the notes is subject to the negotiation and execution of loan documents, as well as customary closing conditions. There can be no assurances that any of these conditions will be satisfied or that the placement will occur on the terms described herein, or at all. The notes have not been and will not be registered under the Securities Act of 1933 or the securities laws of any state or other jurisdiction and may not be offered or sold in the United States or any other jurisdiction absent registration or an exemption from the registration requirements of the Securities Act of 1933 and the applicable securities laws of any state or other jurisdiction.
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