On June 20, 2019, Spirit Realty Capital, Inc. (the “Company”) and Spirit Realty, L.P. (the “Operating Partnership”) entered into an underwriting agreement with Wells Fargo Securities, LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named in the underwriting agreement with respect to an underwritten public offering of $400,000,000 aggregate principal amount of the Operating Partnership’s 4.000% Senior Notes due 2029 (the “Notes”), which are to be fully and unconditionally guaranteed by the Company.
The closing of the sale of the Notes is expected to occur on June 27, 2019, subject to the satisfaction of customary closing conditions. The Notes will be issued pursuant to a base indenture, dated as of August 18, 2016, by and among the Operating Partnership, as issuer, and U.S. Bank National Association, as trustee, to be supplemented by a second supplemental indenture, by and among the Operating Partnership, as issuer, the Company, as guarantor, and U.S. Bank National Association, as trustee, to be dated as of the closing date, which will be filed with the Securities and Exchange Commission on a subsequent Current Report on Form8-K.
The Notes are being offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on September 25, 2017 (Registration Nos.333-220618 and333-220618-01), a base prospectus, dated September 25, 2017, and a prospectus supplement, dated June 20, 2019, filed with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended.
The foregoing description of the underwriting agreement is qualified in its entirety by the underwriting agreement attached as Exhibit 1.1 to this Current Report on Form8-K and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
