Caitlin Burrows

Upal Rana

Anthony Paolone

Eric Borden

Ronald Kamdem

Jay Kornreich

Ryan Caviola

Ki Bin Kim

Michael Goldsmith

Michael Gorman

Spenser Allaway

John Kim

- Broadstone Net Lease, LLC, with Broadstone Net Lease, Inc. as parent guarantor, closed an underwritten public offering of **$350 million aggregate principal amount of 5.000% Senior Notes due 2032** on **September 26, 2025**.  **[1424182_0001193125-25-220653_d911536d8k.htm:2]** **[1424182_0001193125-25-220653_d911536dex11.htm:40]** 
- The Notes bear an interest rate of **5.000% per annum**, with interest payable semi-annually, and have a maturity date of **November 1, 2032**.  **[1424182_0001193125-25-220653_d911536d8k.htm:2]** **[1424182_0001193125-25-220653_d911536dex11.htm:40]** **[1424182_0001193125-25-220653_d911536dex42.htm:41]** 
- The Notes are fully and unconditionally guaranteed by Broadstone Net Lease, Inc. and are senior unsecured obligations.  **[1424182_0001193125-25-220653_d911536d8k.htm:2]** 
- The indenture for the Notes includes restrictive covenants, notably requiring **Total Unencumbered Assets to be at least 150%** of the aggregate outstanding principal amount of Unsecured Debt.  **[1424182_0001193125-25-220653_d911536d8k.htm:2]** **[1424182_0001193125-25-220653_d911536dex42.htm:23]**

Broadstone Net Lease, LLC Closes $350 Million Senior Notes Offering

Broadstone Net Lease (BNL)