Global Net Lease's corporate credit rating has been upgraded to investment-grade BBB- from BB+ by Fitch Ratings. This upgrade reflects the company's strategic achievements, including $3 billion of asset dispositions, a refinanced revolving credit facility, and a high-quality asset portfolio with a strong and diverse tenant base. GNL's CEO believes the upgrade reflects the company's ability to execute on strategic initiatives and create sustained value for shareholders.
Global Net Lease, Inc. (NYSE: GNL) has received a significant boost to its financial standing with Fitch Ratings upgrading its corporate credit rating to investment-grade BBB- from BB+ on October 17, 2025, according to
. The upgrade underscores the company's strategic initiatives aimed at improving its balance sheet and overall credit profile.
Fitch Ratings cited several key moves that drove the upgrade, including approximately $3.0 billion in asset dispositions during fiscal 2024-2025, particularly the sale of its multi-tenant retail portfolio for around $1.8 billion in June 2025. Additionally, GNL successfully refinanced its revolving credit facility in August 2025, extending the weighted average debt maturity and lowering the company's cost of capital.
Michael Weil, CEO of GNL, expressed pride in achieving this milestone, stating, "We believe the upgrade reflects the decisive actions we’ve taken to strengthen our balance sheet and overall credit profile by consistently executing our strategic initiatives and disciplined capital strategy." The Stocktitan report highlighted these strategic actions as central to Fitch's decision.
GNL, a publicly traded internally managed real estate investment trust, manages a global portfolio of income-producing net lease assets across the U.S., and Western and Northern Europe. The company expects more-stable cash flows and improved financial flexibility as a result of these strategic actions.
Investors will have the opportunity to delve deeper into GNL's financial performance as the company will release its third-quarter financial results on November 5, 2025, followed by a conference call on November 6, 2025, according to
. This update will provide valuable insights into the company's recent performance and future prospects.
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