Spirit Realty spin-off goes into effect

|About: Spirit Realty Capital (SRC)|By:, SA News Editor

Spirit MTA REIT (NYSE:SMTA) is now a separate, publicly traded REIT. The spin owns the assets that collateralize Master Trust 2014 as well as all properties leased by Shopko Retail Shops.

Spirit Realty (NYSE:SRC) owners received one share of SMTA for every 10 shares of SRC they own.

Source: Press Release

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