We advised Global Net Lease, Inc. in the refinancing of its EUR 74,000,000 Senior Term Loan Facility Agreement. Global Net Lease is a real estate investment trust listed on the NYSE focused on acquiring a global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe, and Necessity Retail assets in strategic locations.
The facility was used to finance properties owned by Global Net Lease. The portfolio in question is comprised of five properties, four in Vantaa and one in Mäntsälä. The Vantaa properties are all let to Finnair Oyj, the largest airline company in Finland. The Mäntsälä property is a logistics warehouse and office space let to Tokmanni Oyj, a major stock-listed discount retailer in Finland.
