Getty Realty repays revolver with funds from notes private placement

By Marisa Wong

Morgantown, W.Va., June 21 – Getty Realty Corp. said it repaid outstanding debt under its floating-rate revolving credit facility using proceeds from a private placement of notes.

The company announced on Thursday that it issued $100 million of 5.47% senior notes due 2028 through a private placement with Prudential Insurance Co. of America and Metropolitan Life Insurance Co.

Getty is a real estate investment trust based in Jericho, N.Y.

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