ORLANDO, FL– National Retail Properties, Inc. (NYSE: NNN)
(the “Company”) announced that it has priced its public offering of $350
million of 3.30% senior unsecured notes due April 15, 2023.
The notes were offered at 99.259% of the principal amount
with a yield to maturity of 3.388%.
Interest on the notes will be payable semi-annually on April 15 and
October 15, commencing October 15, 2013.
The offering is expected to close on April 15, 2013, subject to
customary closing conditions.
The Company intends
to use the net proceeds from the offering to repay outstanding indebtedness
under its credit facility, to fund future property acquisitions and for general
corporate purposes.
For a complete copy of the company’s news release, please
contact:
Client Support
1-800-326-5897 or
email: cmClientsupport@wellsfargo.com.
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