Global Net Lease Inc
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
Contents
No Note
Note 17 —Subsequent Events
The Company has evaluated subsequent events through the filing of this Annual Report on Form 10-K, and determined that there have not been any events that have occurred that would require adjustments to, or disclosures in the consolidated financial statements, except as disclosed in the applicable footnotes and below.
Dispositions
Subsequent to December 31, 2023, the Company disposedof five properties for an aggregate price of approximately $12.2 million. One of these properties was classified as held for sale on the Company’s consolidated balance sheet as of December 31, 2023 (see Note 4 — Real estate Investments, Netfor more information).
Mortgage Note Repayments/Refinancing
On February 9, 2024, the Company repaid $25.0 million of RTL Multi-Tenant Mortgage II which was scheduled to mature in February 2024.
In January 2024, the Company repaid approximately €9.8 million (approximately $10.6 million at the time of payment) of principal on the mortgage encumbering its properties in the Netherlands (see Note 5 — Mortgage Notes Payable, Netfor more information).
In February 2024, the Company refinanced its mortgage encumbering its properties in Finland, which totaled $81.7 million as of December 31, 2023. This loan was extended from its original maturity date of February 2024 to February 2029.
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