---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-279573"
form_type: "8-K"
ticker: "NNN"
cik: "0000751364"
company_name: "NNN REIT, INC."
filed_at: "2026-06-23T20:34:30+00:00"
generated_at: "2026-06-23T20:35:15.318051+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NNN REIT increases term loan facility to $500M via $200M incremental tranche; reduces borrowing spreads

## Summary
- Exercised $200M incremental term loan option, increasing total term loan facility to $500M.
- New borrowings mature Feb 15, 2029, with two one-year extension options; SOFR fixed at 3.43% via $100M swap.
- SOFR-based margin lowered to 0.800% (from 0.850%) on term loan and to 0.725% (from 0.775%) on revolver.
- Proceeds from incremental term loan to be used for general corporate purposes.

## SEC filing metadata
- accession: 0001193125-26-279573
- form_type: 8-K
- ticker: NNN
- cik: 0000751364
- company_name: NNN REIT, INC.
- filed_at: 2026-06-23T20:34:30+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/751364/000119312526279573/0001193125-26-279573-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751364/000119312526279573/nnn-20260623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-279573
- JSON: https://secwatch.observer/filing/0001193125-26-279573.json
- Plain text: https://secwatch.observer/filing/0001193125-26-279573.txt

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