US EditionNNN REIT, INC. PRICES OFFERING OF $500 MILLION OF 4.600% SENIOR UNSECURED NOTES DUE 2031 - NNN REIT (NYSE:NNN)
- On June 24, 2025, in Orlando, Florida, NNN REIT, Inc. announced the pricing of a $500 million public offering consisting of senior unsecured notes with a 4.6% coupon, maturing in 2031.
- The offering follows the company’s strategy to refinance debt by replacing variable-rate credit facility obligations with fixed-rate, longer-term notes, improving financial stability.
- The notes were priced at 99.182% of par, carrying a 4.766% yield to maturity, and will pay interest semi-annually starting February 15, 2026, with final maturity on February 15, 2031.
- NNN REIT plans to allocate the net proceeds toward settling outstanding amounts on its credit line, acquiring new properties, and covering general corporate expenses, aligning with its strategic growth objectives.
- This offering strengthens NNN REIT’s balance sheet by securing medium-term financing at a predictable interest rate, while maintaining risks inherent in real estate and economic conditions.
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Kingsport Times-News
NNN REIT, Inc. Announces Second Quarter 2025 Earnings Release Date and Conference Call Details
ORLANDO, Fla., June 25, 2025 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN) ("NNN" or the "Company"), a real estate investment trust, today announced that it will release its results for the second quarter 2025, before the market opens on Tuesday,…
The Conway Daily Sun
NNN REIT, INC. PRICES OFFERING OF $500 MILLION OF 4.600% SENIOR UNSECURED NOTES DUE 2031
ORLANDO, Fla., June 24, 2025 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN) (the "Company" or "NNN"), a real estate investment trust, today announced that it has priced its public offering of $500,000,000 of 4.600% senior unsecured notes due 2031 (the…
NNN REIT, INC. PRICES OFFERING OF $500 MILLION OF 4.600% SENIOR UNSECURED NOTES DUE 2031 - NNN REIT (NYSE:NNN)
ORLANDO, Fla., June 24, 2025 /PRNewswire/ -- NNN REIT, Inc. (NYSE:NNN) (the "Company" or "NNN"), a real estate investment trust, today announced that it has priced its public offering of $500,000,000 of 4.600% senior unsecured notes due 2031 (the "notes"). The notes were offered at 99.182% of the principal amount with a yield to maturity of 4.766%. Interest on the notes will be payable semi-annually on February 15 and August 15 of each year, com…
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