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National Retail Properties prices senior notes offering; redeems 3.30% notes

  • National Retail Properties (NNN -1.9%) priced its $450M public offering of 3.500% senior unsecured notes due 2051 (Apr.15); notes were offered at 98.132% of the principal amount with a yield to maturity of 3.602%.
  • Interest payable semi-annually, commencing on Oct.15, 2021.

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