Blog: GETTY REALTY CORP /MD/ FILES (8-K) Disclosing Regulation FD … – Insurance News Net

Item 7.01. Regulation FD Disclosure.

On January 20, 2023, pursuant to (i) the sixth amended and restated note
purchase and guarantee agreement with The Prudential Insurance Company of
America and certain of its affiliates (collectively, “Prudential”), (ii) the
second amended and restated note purchase and guarantee agreement with
Massachusetts Mutual Life Insurance Company and certain of its affiliates
(collectively, “MassMutual”), and (iii) the note purchase and guarantee
agreement with New York Life Insurance Company and certain of its affiliates
(collectively, “New York Life”), Getty Realty Corp. (the “Company”) issued (i)
$80,000,000 of 3.65% Series Q Guaranteed Senior Notes due January 20, 2033 (the
“Series Q Notes”) to Prudential, (ii) $20,000,000 of 3.65% Series O Guaranteed
Senior Notes due January 20, 2033 (the “Series O Notes”) to MassMutual, and
(iii) $25,000,000 of 3.65% Series P Guaranteed Senior Notes due January 20, 2033
(the “Series P Notes”) to New York Life.

The Company used the proceeds from the issuance of the Series O Notes, Series P
Notes and Series Q Notes to prepay in full its $75,000,000 5.35% Series B Notes
due June 2, 2023 (the “Series B Notes”), including related transaction expenses,
and will use the remaining funds for general corporate purposes, including to
fund investment activity.

On January 23, 2022, the Company issued a press release announcing the issuance
of the Series O Notes, Series P Notes and Series Q Notes, and the repayment of
the Series B Notes. The Company’s press release is attached as Exhibit 99.1
hereto and is incorporated by reference in this Item 7.01

Copies of the note purchase and guarantee agreements referenced above were filed
in their entirety as Exhibits to the Company’s Quarterly Report on Form 10-Q for
the quarter ending on March 31, 2022.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:

Exhibit
Number    Description

99.1        Press release issued by Getty Realty Corp. on January 23, 2023.

104       Cover Page Interactive Data File (embedded within the inline XBRL document)


The information contained in Item 2.02 and Exhibit 99.1 to this Current Report
on Form 8-K is being furnished and shall not be deemed “filed” for the purposes
of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that Section. Such information in this Current
Report on Form 8-K shall not be incorporated by reference into any registration
statement or other document pursuant to the Securities Act of 1933, as amended,
except as shall be expressly set forth by specific reference in any such filing.

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