Monday, June 17, 2013

National Retail Properties, Inc. Announces Expiration and Results of Put Option for 5.125% Convertible Senior Notes


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As of the Withdrawal Date, none of the Notes were validly surrendered and not validly withdrawn, and therefore none of the Notes will be purchased by the Company pursuant to the Put Option.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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