secwatch.observer — SEC 8-K summary
======================================

Issuer:     NNN REIT, INC. (NNN)
CIK:        0000751364
Form:       8-K
Filed at:   2025-07-01T23:59:59+00:00
Accession:  0001193125-25-153998
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 4.600% notes due 2031; net proceeds $491.7M
-----------------------------------------------------------------------------

- Issued $500M aggregate principal of 4.600% senior unsecured notes due February 15, 2031.
- Net proceeds of approximately $491.7M after underwriting discount and expenses.
- Interest payable semi-annually on Feb 15 and Aug 15, beginning Feb 15, 2026.
- Proceeds to repay credit facility, fund property acquisitions, and for general corporate purposes.
- Underwriters include BofA Securities, Wells Fargo, PNC Capital, RBC Capital, TD Securities, U.S. Bancorp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751364/000119312525153998/0001193125-25-153998-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751364/000119312525153998/d922990d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-153998

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer