Other News

December 14, 2020 4:05 pm

Orlando, Florida, December 14, 2020 – National Retail Properties, Inc. (NYSE: NNN) today announced that Paul Bayer, Executive Vice President and Chief Investment Officer, will retire effective December 31, 2020. Mr. Bayer has been the Company’s Chief Investment Officer since June 2010 and Executive Vice President since January 2007. He joined the Company in September 1999. Mr. Bayer will continue to provide consulting services to the company for a period of one year after his retirement.

August 24, 2020 8:30 am

Orlando, Florida, August 24, 2020 – The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced today that Stephen A. Horn, Jr. has been appointed Chief Operating Officer. He also retains the title Executive Vice President. Jay Whitehurst, President and Chief Executive Officer, commented: “Steve has been a vital contributor to the long-term success at National Retail Properties since joining the company seventeen years ago. He has a deep understanding of our business strategy and culture. As Chief Operating Officer, Steve will oversee our acquisitions, underwriting, asset management, dispositions, legal and human resources departments.

April 28, 2020 8:30 am

Orlando, Florida, April 28, 2020 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced today that it will webcast its Annual Meeting of stockholders on Tuesday, May 12, 2020, to minimize risk from the novel coronavirus (COVID-19) to stockholders, employees and the community. The company strongly encourages all stockholders to access the meeting via the live webcast rather than attend the meeting in person, as per recommendations provided by the World Health Organization, the U.S. Centers for Disease Control and federal, state and local government officials.

February 19, 2020 2:12 pm

February 18, 2020 2:11 pm

ORLANDO, Fla., February 18, 2020 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has priced its public offering of $400,000,000 of 2.500% senior unsecured notes due 2030 (the “2030 notes”) and $300,000,000 of 3.100% senior unsecured notes due 2050 (the “2050 notes” and, together with the 2030 notes, the “notes”). The 2030 notes were offered at 99.678% of the principal amount with a yield to maturity of 2.536%. The 2050 notes were offered at 97.978% of the principal amount with a yield to maturity of 3.205%. Interest on the notes will be payable semi-annually on April 15 and October 15 of each year, commencing October 15, 2020.

September 5, 2019 4:05 pm

ORLANDO, Fla., September 5, 2019 – National Retail Properties, Inc. (NYSE: NNN) (the Company”) today called for redemption of all outstanding shares of its 5.700% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Shares”) represented by depositary shares, each representing a 1/100th interest in a Series E Preferred Share (the “Depositary Shares,” CUSIP: 637417809; NYSE: NNNPRE).

September 4, 2019 9:40 pm

ORLANDO, Fla., September 4, 2019 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has priced an underwritten public offering of 7,000,000 shares of common stock at a price of $56.50 per share. As part of the offering, the Company granted the underwriters a 30-day option to purchase up to 1,050,000 additional shares of common stock.

September 4, 2019 4:03 pm

ORLANDO, Fla., September 4, 2019 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has commenced an underwritten public offering of 6,000,000 shares of common stock. As part of the offering, the Company also expects to grant the underwriters a 30-day option to purchase up to 900,000 additional shares of common stock. BofA Merrill Lynch, Wells Fargo Securities and Morgan Stanley will act as joint book-running managers and representatives of the underwriters for the offering.

February 11, 2019 4:30 pm

Orlando, Florida, February 11, 2019 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced that Betsy D. Holden was appointed to the Board of Directors. “I am honored to welcome Betsy Holden to the Board of Directors of National Retail Properties. Betsy’s background and experience, as a former co-CEO of Kraft Foods, Inc. and as a Senior Advisor at McKinsey & Company, will bring tremendous value to National Retail Properties in the areas of strategy, governance and consumer retailing."

December 20, 2018 4:30 pm

Orlando, Florida, December 20, 2018 – National Retail Properties, Inc. (NYSE: NNN), announced today that Robert C. Legler has retired as Chairman and a member of the Board of Directors effective December 20, 2018. Mr. Legler has served as a director of the company since 2002 and Chairman since April 2017. The Board has appointed Don DeFosset as Chairman of the Board effective December 20, 2018.