• Innovative Industrial Properties fully repaid USD 282 million of 5.50% Senior Notes due May 2026, removing a key near-term public debt maturity.
• Repayment funded through cash on hand, revolving credit facility availability, proceeds from recently closed term loans.
• New lending relationships provided debt capital at a blended interest rate of about 8.3%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IIP - Innovative Industrial Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260526201692) on May 26, 2026, and is solely responsible for the information contained therein.