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Quotes delayed 20 minutes
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Buy (2.75 out of 4)
28th percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Wednesday, October 28, 6:27 PM
Slide #193. National Retail Properties, Inc. — Preferred Stock Offering
| Company: |
National Retail Properties, Inc. (NYSE:NNN) |
| Date announced: |
10/4/2016 |
| Shares Offered: |
12,000,000 |
| Date of Pricing: |
10/4/2016 |
| Price Per Share: |
$25.00 |
| Preferred Stock Offering Details: |
National Retail Properties, Inc. (NYSE: NNN) (the "Company") today announced that it has priced an underwritten public offering of 12,000,000 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. As part of the offering, the Company granted the underwriters a 30-day option to purchase an additional 1,800,000 depositary shares to cover over-allotments, if any. The offering is expected to close on or about October 11, 2016, subject to customary closing conditions. The Company intends to apply to list the depositary shares on the New York Stock Exchange under the symbol "NNNPRF". If its application is approved, the Company expects trading of the depositary shares on the New York Stock Exchange to commence within the 30-day period after the initial delivery of the depositary shares. |
National Retail Properties is a real estate investment trust. Co.'s assets are primarily real estate assets. Co. acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment. Preferreds: NNN.PRD, NNN.PRE, NNN.PRF
 Open the NNN Page at Preferred Stock Channel »
| Name: |
National Retail Properties Inc |
| Website: |
www.nnnreit.com |
| Sector: |
REITs |
| Number of ETFs Holding NNN: |
90 (see which ones) |
| Total Market Value Held by ETFs: |
$8,088,832,690,289 |
| Total Market Capitalization: |
$5,980,000,000 |
| % of Market Cap. Held by ETFs: |
135264.76% |
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Open the NNN Page at Preferred Stock Channel (in a new window) »
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