---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-026753"
form_type: "8-K"
ticker: "NNN"
cik: "0000751364"
company_name: "NNN REIT, INC."
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:57:01.953631+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# National Retail Properties amends credit agreement to replace LIBOR with SOFR as base rate

## Summary
- December 16, 2022: First Amendment to Second Amended and Restated Credit Agreement executed with Wells Fargo as Administrative Agent and syndicate of lenders.
- Base rate under credit agreement changed from LIBOR to Adjusted Secured Overnight Financing Rate (SOFR).
- All other terms and conditions of the existing credit agreement remain in full force and effect.
- No changes to principal amount, maturity, or financial covenants reported.

## SEC filing metadata
- accession: 0000950170-22-026753
- form_type: 8-K
- ticker: NNN
- cik: 0000751364
- company_name: NNN REIT, INC.
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/751364/000095017022026753/0000950170-22-026753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751364/000095017022026753/nnn-20221216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-026753
- JSON: https://secwatch.observer/filing/0000950170-22-026753.json
- Plain text: https://secwatch.observer/filing/0000950170-22-026753.txt

## Key facts
- Material Agreements
  NNN REIT, INC. amended First Amendment to Second Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, and a syndicate of lenders named therein (effective 2022-12-16).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association, as Administrative Agent, and a syndicate of lenders named therein
  - Effective: 2022-12-16
  source text: National Retail Properties, Inc. (the “Company”) entered into that certain First Amendment to Second Amended and Restated Credit Agreement, dated as of December 16, 2022 (the “Credit Agreement”), with Wells Fargo Bank, National Association, as Administrative Agent, and a syndicate of lenders named therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/751364/000095017022026753/0000950170-22-026753-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
