National Retail Properties, Inc. Prices Offering of $350,000,000 of 3.90% Senior Unsecured Notes Due 2024
ORLANDO, Fla., May 5, 2014 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has priced its public offering of $350,000,000 of 3.90% senior unsecured notes due June 15, 2024. The notes were offered at 99.798% of the principal amount with a yield to maturity of 3.924%. Interest on the notes will be payable semi-annually on June 15 and December 15 of each year, commencing December 15, 2014. The offering is expected to close on May 14, 2014, subject to customary closing conditions.
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