Orlando, Florida, February 19, 2020 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it is notifying holders of its 3.80% Notes due 2022 (“Notes”) that the Company will redeem all outstanding Notes on March 20, 2020. The Notes will be redeemed in cash at a price equal to 100% of the principal...
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.
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).
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.
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.
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."
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.
Orlando, Florida, September 19, 2018 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it is notifying holders of its 5.500% Notes due 2021 (“Notes”) that the Company will redeem all outstanding Notes on October 19, 2018. The Notes will be redeemed in cash at a price equal to 100% of the...
Orlando, Florida, September 19, 2018 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it is notifying holders of its 5.500% Notes due 2021 (“Notes”) that the Company will redeem all outstanding Notes on October 19, 2018. The Notes will be redeemed in cash at a price equal to 100% of the principal amount of Notes being redeemed, plus a Make-Whole Amount of $18,240,000, plus accrued and unpaid interest to, but excluding, October 19, 2018.
ORLANDO, Fla., Oct. 25, 2017 /PRNewswire/ — National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced the amendment of its unsecured bank credit facility. The amendment increases the available borrowing capacity under the credit facility from $650 million to $900 million and reduces pricing from LIBOR plus 92.5 basis points to LIBOR...