Spirit Realty Capital (SRC) Prices 8M Share Common Offering at $37.75/Sh

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Go back to Spirit Realty Capital (SRC) Prices 8M Share Common Offering at $37.75/Sh

Spirit Realty Capital, Inc. Announces Pricing of Public Offering of 8,000,000 Shares of Common Stock

June 8, 2020 9:23 PM EDT

DALLAS--(BUSINESS WIRE)-- Spirit Realty Capital, Inc. (NYSE: SRC) (Spirit or the Company), a net lease real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, today announced that it has priced an underwritten public offering of 8,000,000 shares of its common stock, all of which are being offered in connection with the forward sale agreement described below, at a public offering price of $37.35 per share.

J.P. Morgan and SunTrust Robinson Humphrey are acting as the joint lead book-running managers for the offering. Regions Securities LLC, Fifth Third Securities, Morgan Stanley,... More