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Spirit Realty Capital prices $400M of senior unsecured notes due 2029

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

Spirit Realty, L.P., an operating partnership of Spirit Realty Capital (NYSE:SRC) has priced a public offering of $400M of 4.000% senior notes due July 15, 2029 at 99.924 % of the principal amount.

The offering is expected to settle on June 27.

The operating partnership intends to use the net proceeds from the offering to fund potential property acquisitions and for general corporate purposes.

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