Thursday, September 8, 2011

National Retail Properties Inc. Prices Offering of Common Stock



 ORLANDO, FL --  National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has priced an underwritten public offering of 8,000,000 shares of common stock at a price of $26.07 per share.

As part of the offering, the Company granted the underwriters a 30‐day option to purchase up to 1,200,000 additional shares of common stock. The offering is expected to close on Monday, September 12, 2011, subject to customary closing conditions.

Citigroup, Wells Fargo Securities and BofA Merrill Lynch are acting as joint bookrunning managers for the offering. RBC Capital Markets, Raymond James and Stifel Nicolaus Weisel are acting as senior co‐managers for the offering.

Also, UBS Investment Bank, Janney Montgomery Scott, Morgan Keegan, Piper Jaffray, PNC Capital Markets LLC, BB&T Capital Markets, SunTrust Robinson Humphrey, Capital One Southcoast and FBR Capital Markets are acting as junior co‐managers for the offering.

The Company intends to use the net proceeds from the offering to repay borrowings under its credit facility and for general corporate purposes, which may include future property acquisitions.

Contact: Kevin B. Habicht, Chief Financial Officer, (407) 265‐7348

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