Broadstone Net Lease Enters Material Agreement
Ticker: BNL · Form: 8-K · Filed: Sep 26, 2025 · CIK: 1424182
| Field | Detail |
|---|---|
| Company | Broadstone Net Lease, INC. (BNL) |
| Form Type | 8-K |
| Filed Date | Sep 26, 2025 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.00025, $350 million, $50.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
Related Tickers: BNL
TL;DR
Broadstone Net Lease (BNL) signed a big deal, creating new financial obligations.
AI Summary
On September 23, 2025, Broadstone Net Lease, Inc. entered into a material definitive agreement. This agreement also created a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing also notes other events and includes financial statements and exhibits.
Why It Matters
This filing indicates a significant new agreement for Broadstone Net Lease, Inc., which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce new risks and uncertainties for a company.
Key Players & Entities
- Broadstone Net Lease, Inc. (company) — Registrant
- September 23, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Broadstone Net Lease, Inc. on September 23, 2025?
The filing states that Broadstone Net Lease, Inc. entered into a material definitive agreement on September 23, 2025, but the specific details of the agreement are not provided in this summary.
What type of financial obligation was created by the agreement?
The filing indicates the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' for the registrant.
What is the principal executive office address for Broadstone Net Lease, Inc.?
The principal executive offices are located at 207 High Point Drive, Suite 300, Victor, New York, 14564.
What is the IRS Employer Identification No. for Broadstone Net Lease, Inc.?
The IRS Employer Identification No. is 26-1516177.
What is the Standard Industrial Classification code for Broadstone Net Lease, Inc.?
The Standard Industrial Classification code is 6798, which corresponds to REAL ESTATE INVESTMENT TRUSTS.
Filing Stats: 1,682 words · 7 min read · ~6 pages · Grade level 11.5 · Accepted 2025-09-26 16:20:33
Key Financial Figures
- $0.00025 — nge on which registered Common Stock, $0.00025 par value BNL The New York Stock Ex
- $350 million — osed an underwritten public offering of $350 million aggregate principal amount of its 5.000
- $50.0 million — tstanding principal amount in excess of $50.0 million at final maturity or upon acceleration
Filing Documents
- d911536d8k.htm (8-K) — 42KB
- d911536dex11.htm (EX-1.1) — 189KB
- d911536dex42.htm (EX-4.2) — 280KB
- d911536dex51.htm (EX-5.1) — 16KB
- d911536dex52.htm (EX-5.2) — 20KB
- g911536dsp0106.jpg (GRAPHIC) — 3KB
- g911536dsp0111.jpg (GRAPHIC) — 4KB
- 0001193125-25-220653.txt ( ) — 799KB
- bnl-20250923.xsd (EX-101.SCH) — 3KB
- bnl-20250923_lab.xml (EX-101.LAB) — 18KB
- bnl-20250923_pre.xml (EX-101.PRE) — 11KB
- d911536d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits INDEX TO EXHIBITS Exhibit No. Description 1.1 Underwriting Agreement, dated as of September 23, 2025, by and among Broadstone Net Lease, Inc., Broadstone Net Lease, LLC and J.P. Morgan Securities LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc.as representatives of the several underwriters named in Schedule 1 thereto. 4.1 Indenture, dated as of September 15, 2021, among the Issuer, the Company and the Trustee, including the form of the Guarantee (incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K, filed on September 15, 2021). 4.2 Second Supplemental Indenture, dated as of September 26, 2025, among the Issuer, the Company and the Trustee, including the form of the Notes. 5.1 Opinion of Ballard Spahr LLP. 5.2 Opinion of Fried, Frank, Harris, Shriver & Jacobson LLP. 23.1 Consent of Ballard Spahr LLP (included in Exhibit 5.1). 23.2 Consent of Fried, Frank, Harris, Shriver & Jacobson LLP (included in Exhibit 5.2). 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BROADSTONE NET LEASE, INC. By: /s/ John D. Callan Name: John D. Callan Title: Senior Vice President, General Counsel and Secretary Date: September 26, 2025