Agree Realty Corporation (NYSE: ADC) announced that it will release its third quarter 2026 operating results after the market closes on Tuesday, October 20, 2026. This schedule allows investors to review the company's performance ahead of the subsequent market open.

A conference call to discuss these operating results is scheduled for Wednesday, October 21, 2026, at 9:00 am ET. Interested parties and shareholders may access the call via teleconference or webcast. Participants are advised to dial in or log on at least five minutes prior to the scheduled time to ensure connectivity.

Access details for the conference call

The company has provided specific dial-in numbers and a webcast link for the upcoming earnings discussion. A replay of the webcast will be archived and available online through the Investors section of the company website.

Company portfolio snapshot

Agree Realty Corporation is a publicly traded real estate investment trust focused on acquiring and developing properties net leased to industry-leading, omni-channel retail tenants. The company describes its strategy as "RETHINKING RETAIL" through these acquisitions.

As of June 30, 2026, the company owned and operated a portfolio of 2,825 properties. These assets are located in all 50 states and the District of Columbia, comprising approximately 59.6 million square feet of gross leasable area. The company’s common stock is listed on the New York Stock Exchange under the symbol ADC.

For additional information on the company and its retail strategy, investors can visit www.agreerealty.com . Peter Coughenour, Chief Financial Officer, serves as the primary contact for investor inquiries.

Agree Realty Corporation (NYSE: ADC) priced $400 million of 5.650% senior unsecured notes due 2036. The transaction carries an effective yield to maturity of 5.849%, with an all-in interest rate of 5.36% after accounting for prior hedging activity.

The operating partnership, Agree Limited Partnership, issued the notes at 98.497% of the principal amount. The offering is expected to close on September 22, 2026, subject to customary closing conditions.

Transaction Details

Peter Coughenour, Chief Financial Officer, stated the offering increases the company’s liquidity position to over $2.0 billion. He noted that the lack of material debt maturities until 2028 positions the company to execute its growth strategy well into 2027.

Hedging Impact

The company used net proceeds for general corporate purposes, including reducing outstanding indebtedness and funding property acquisitions and development activity.

Coughenour highlighted that a proactive hedging strategy allowed the company to lock in an attractive base rate ahead of recent market volatility. The termination of $300 million of forward-starting swaps resulted in a payment to the company of over $19 million. This gain reduced the all-in interest rate on the notes by nearly 50 basis points.

What the Numbers Show

The $19 million gain from swap terminations represents a significant reduction in the cost of capital for this issuance. By lowering the all-in rate from the effective yield of 5.849% to 5.36%, the company effectively reduced its borrowing cost by approximately 8.4% relative to the gross yield. This demonstrates how derivative strategies can materially alter the economic terms of debt financing beyond the stated coupon.

Underwriters

PNC Capital Markets LLC, J.P. Morgan, US Bancorp, Wells Fargo Securities, BofA Securities, Citigroup and Mizuho acted as joint book-running managers. Morgan Stanley, Regions Securities LLC, SMBC Nikko, Raymond James, Stifel and Ramirez & Co., Inc. served as co-managers.

A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (SEC) and became automatically effective under the Securities Act of 1933, as amended.