Other News

December 20, 2018 4:30 pm

Orlando, Florida, December 20, 2018 – National Retail Properties, Inc. (NYSE: NNN), announced today that Robert C. Legler has retired as Chairman and a member of the Board of Directors effective December 20, 2018. Mr. Legler has served as a director of the company since 2002 and Chairman since April 2017. The Board has appointed Don DeFosset as Chairman of the Board effective December 20, 2018.

September 19, 2018 4:15 pm

September 18, 2018 6:04 pm

Orlando, Florida, September 19, 2018 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it is notifying holders of its 5.500% Notes due 2021 (“Notes”) that the Company will redeem all outstanding Notes on October 19, 2018. The Notes will be redeemed in cash at a price equal to 100% of the principal amount of Notes being redeemed, plus a Make-Whole Amount of $18,240,000, plus accrued and unpaid interest to, but excluding, October 19, 2018.

October 25, 2017 4:30 pm

September 6, 2017 10:14 pm

February 15, 2017 4:30 pm

Orlando, Florida, February 15, 2017 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced that Julian E. “Jay” Whitehurst was appointed to the Board of Directors. Mr. Whitehurst, currently President and Chief Operating Officer, will also assume the role of Chief Executive Officer as of April 28, 2017.

January 18, 2017 4:05 pm

ORLANDO, Fla., January 18, 2017 – National Retail Properties, Inc. (NYSE: NNN) (the Company”) today called for redemption of all outstanding shares of its 6.625% Series D Cumulative Redeemable Preferred Stock (the “Series D Preferred Shares”) represented by depositary shares, each representing a 1/100th interest in a Series D Preferred Share (the “Depositary Shares,” CUSIP: 637417601; NYSE: NNNPRD).

December 15, 2016 4:15 pm

ORLANDO, Fla., December 15, 2016 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) reported today that it has closed on its previously announced issuance of $350,000,000 of 3.60% senior unsecured notes due 2026 (“2026 Notes”). The 2026 Notes were offered at 98.897% of the principal amount with a yield to maturity of 3.733%.

December 6, 2016 9:20 am

October 11, 2016 4:05 pm

Orlando, Florida, October 11, 2016 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has closed an underwritten public offering of 13,800,000 depositary shares, each representing a 1/100th interest in a share of its 5.20% Series F Cumulative Redeemable Preferred Stock, at a price of $25.00 per depositary share, which reflects the full exercise of the underwriters’ option to purchase 1,800,000 additional depositary shares. The Company estimates that the net proceeds from the offering will be approximately $334.3 million, after deducting the underwriting discount and estimated offering expenses. The Company intends to use the net proceeds from the offering to repay all of the outstanding indebtedness under its credit facility. The Company intends to use the remainder of the net proceeds, if any, to fund future property acquisitions and for general corporate purposes.