NETSTREIT has successfully secured $450 million in financing, which will enhance its liquidity and support its growth strategy in the competitive real estate market. This strategic move, facilitated through key partnerships with major banks, underscores the company’s commitment to expanding its portfolio and strengthening its financial position.
DALLAS–(BUSINESS WIRE)–NETSTREIT Corp. (NYSE: NTST) (the “Company”) announced the closing of $450.0 million in additional financing commitments and amendments to its existing credit facilities agented by PNC Bank, National Association (the “PNC Credit Agreement”), Wells Fargo Bank, National Association (the “Wells Fargo Credit Agreement”) and Truist Bank (the “Truist Credit Agreement”). The new Term Loan Credit Agreement, agented by PNC Bank, National Association (the “PNC Term Loan Agreement
Source: Original Press Release