Gladstone Commercial (GOOD) has disclosed a new risk, in the Debt & Financing category.
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Adverse changes in the credit ratings of Gladstone Commercial, particularly concerning the 2029 Notes, pose a significant risk to its financial operations. A downgrade could lead to increased borrowing costs and restricted access to additional capital, complicating debt management and potentially hindering growth and acquisition strategies. The uncertainty of maintaining current credit ratings underscores the potential for negative consequences under existing debt agreements, impacting refinancing efforts and overall business stability. This risk factor highlights the vulnerability of the company’s financial health to fluctuations in credit ratings.
The average GOOD stock price target is $18.00, implying 12.08% upside potential.
To learn more about Gladstone Commercial’s risk factors, click here.
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