Company: NNN
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000950170-25-017472
Chunk: 63

Company: NNN REIT, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 1B
Chunk 63
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 preferred stock, depositary shares, common stock, stock purchase contracts, rights, warrants and units. NNN may periodically offer one of more of these securities in amounts, prices and on terms to be announced when and if these securities are offered. The specifics of any future offerings along with the use of proceeds of any securities offered, will be described in detail in a prospectus supplements, or other offering materials, at the time of any offering.

40

Debt Securities – Notes Payable. Each of NNN's outstanding series of unsecured notes is summarized in the table below (dollars in thousands):

    Notes(1)
     
    Issue Date
     
    Principal

    Discount(2)

    NetPrice

    StatedRate
     
    EffectiveRate(3)
     
    Maturity Date

    2025
     
    October 2015
     
    $
    400,000

    $
    964

    $
    399,036

    4.000%
     
    4.029%
     
    November 2025(4)(5)

    2026
     
    December 2016

    350,000

    3,860

    346,140

    3.600%
     
    3.733%
     
    December 2026(4)

    2027
     
    September 2017

    400,000

    1,628

    398,372

    3.500%
     
    3.548%
     
    October 2027(4)

    2028
     
    September 2018

    400,000

    2,848

    397,152

    4.300%
     
    4.388%
     
    October 2028(4)

    2030
     
    March 2020

    400,000

    1,288

    398,712

    2.500%
     
    2.536%
     
    April 2030

    2033
     
    August 2023

    500,000

    11,620

    488,380

    5.600%
     
    5.905%
     
    October 2033

    2034
     
    May 202