Broadstone Net Lease Inc. (BNL) Prices 10M Share Offering at $23/sh

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Broadstone Net Lease Announces Pricing of Public Offering of Common Stock

June 23, 2021 11:39 PM EDT

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Broadstone Net Lease, Inc. (NYSE: BNL), an internally-managed real estate investment trust (BNL, the Company, we, our, or us), announced today the pricing of an underwritten public offering of 10,000,000 shares of its Common Stock at a price to the public of $23.00 per share, less underwriting discounts and commissions. The underwriters also have been granted a 30-day option to purchase up to an additional 1,500,000 shares of Common Stock at the public offering price, less underwriting discounts and commissions. The closing of the offering is expected to occur on June 28, 2021, subject to satisfaction of... More