secwatch.observer — SEC 8-K summary
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Issuer:     NNN REIT, INC. (NNN)
CIK:        0000751364
Form:       8-K
Filed at:   2023-08-15T23:59:59+00:00
Accession:  0001193125-23-213439
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NNN REIT closes $500M offering of 5.600% notes due 2033
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- Aggregate principal $500M, 5.600% interest, matures October 15, 2033.
- Net proceeds approximately $483.9M after underwriting discount and expenses.
- Proceeds to repay credit facility, fund property acquisitions, and general corporate purposes.
- Notes are senior unsecured obligations, rank equally with existing and future senior debt.
- Underwriting syndicate led by BofA Securities, Wells Fargo, Citigroup, Morgan Stanley, U.S. Bancorp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751364/000119312523213439/0001193125-23-213439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751364/000119312523213439/d508044d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-213439

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