Getty Realty Corp. announced the issuance of $125 million of senior unsecured notes priced at a fixed rate of 3.65% and maturing January 20, 2033 pursuant to note purchase and guarantee agreements entered into in February 2022 and previously announced. Proceeds from the senior unsecured notes issuance were used to prepay in full the Company's $75 million 5.35% Series B senior unsecured notes due June 2, 2023, including related transaction expenses, and to fund investment activity.

The senior unsecured notes were issued in a private placement with affiliates of The Prudential Insurance Company of America (“Prudential”), Massachusetts Mutual Life Insurance Company, and New York Life Insurance Company.