Americold Realty Trust (COLD) (the “Company” or “Americold”), the world’s largest publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses, announced that the Company has closed an aggregate principal amount of $350 million of senior unsecured notes (the “Notes”) in an institutional private placement. The Notes are due January 8, 2030 and carry an interest rate of 4.10% and a duration of 10.7 years. The Company intends to use the net proceeds from the issuance of the Notes for long-term debt financing of the previously announced Cloverleaf and Lanier acquisitions.

The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), and are being offered and sold in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act. The Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws. This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.