FCPT prices $100M senior unsecured notes at 6.44% with 10-year term; effective rate 5.63% after swap gain

Four Corners Property Trust, Inc.

$100M senior unsecured notes due July 12, 2033, priced at 6.44% fixed.
Terminated interest rate swaps generated $8.1M gain, reducing yield to maturity to 5.39%.
All-in effective interest rate after amortizing swap gain is 5.63%.
Net proceeds to be used for general corporate purposes, including acquisitions.
Weighted-average debt maturity extends to approximately 5.3 years (excluding credit facility).

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