ORLANDO, FL June 17, 2013 /PRNewswire/ -- National Retail
Properties, Inc. (NYSE: NNN) (the "Company") today announced the
expiration of the option of the holders of its outstanding 5.125% Convertible
Senior Notes due 2028 (the "Notes") to require the Company to
purchase all or a portion of their Notes at par pursuant to the terms of the
Notes and the indenture governing the Notes (the "Put Option").
Under the terms of
the Put Option, holders of the Notes had the opportunity to surrender the Notes
for purchase prior to or at 5:00 p.m., New York City time, on June 10, 2013,
and had the opportunity to withdraw any Notes previously surrendered for
purchase at any time prior to 10:00 a.m., New York City time, on June 14, 2013
(the "Withdrawal Date").
As of the Withdrawal Date, none of the Notes were validly
surrendered and not validly withdrawn, and therefore none of the Notes will be
purchased by the Company pursuant to the Put Option.
Approximately $222.9 million aggregate principal amount of
the Notes remains outstanding, and the terms and other provisions of the
indenture governing the Notes will remain unchanged.
For a complete copy of the company’s news release, please
contact:
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