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MrWhy.com » Videos » National Retail Properties Announced It Priced Its Public Of |
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National Retail Properties Announced It Priced Its Public Of
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National Retail Properties Announced It Priced Its Public Of
National Retail Properties (NYSE:NNN) announced it priced its public offering of $300 million of 5.5% senior unsecured notes due July 15, 2021.The public offering price was 98.577% of the principal amount for a yield of 5.688%.Joint book-running managers for the offering are Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities.National Retail Properties has a potential upside of 9.7% based on a current price of $24.52 and an average consensus analyst price target of $26.9.
Video Length: 0
Date Found: June 30, 2011
Date Produced: June 30, 2011
View Count: 0
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