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home / news releases / NNN - NNN REIT prices $500M senior unsecured notes

NNN - NNN REIT prices $500M senior unsecured notes

National Retail Properties

2023-08-09 06:10:14 ET

NNN REIT ( NYSE: NNN ) priced its public offering of $500M of 5.600% senior unsecured notes due 2033.

The notes were offered at 97.676% of the principal amount with a yield to maturity of 5.905%.

Interest on the notes will be payable semi-annually on April 15 and October 15 of each year, commencing on April 15, 2024.  The notes mature on October 15, 2033.

The offering is expected to close on or about August 15, 2023.

For further details see:

NNN REIT prices $500M senior unsecured notes
Stock Information
Company Name: National Retail Properties
Stock Symbol: NNN
Market: NYSE
Website: nnnreit.com
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