Company: NNN
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000950170-25-017472
Chunk: 142

Company: NNN REIT, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 6
Chunk 142
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    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 2024

    500,000

    6,160

    493,840

    5.500%
     
    5.662%
     
    June 2034

    2048
     
    September 2018

    300,000

    4,239

    295,761

    4.800%
     
    4.890%
     
    October 2048

    2050
     
    March 2020

    300,000

    6,066

    293,934

    3.100%
     
    3.205%
     
    April 2050

    2051
     
    March 2021

    450,000

    8,406

    441,594

    3.500%
     
    3.602%
     
    April 2051

    2052
     
    September 2021

    450,000

    10,422

    439,578

    3.000%
     
    3.118%
     
    April 2052

    (1)
    The proceeds from each note issuance were used to (i) pay down the outstanding balance on NNN's Credit Facility, (ii) redeem notes payable prior to maturity, (iii) redeem outstanding preferred stock, (iv) fund future property acquisitions, and/or (v) for general corporate purposes.

    (2)
    The note discounts are amortized to interest expense over the respective term of each debt obligation using the effective interest