National Retail Properties, Inc.’s $700 Million Notes Offering


Vinson & Elkins served as underwriters’ counsel in connection with National Retail Properties, Inc.’s public offering of $400 million of 4.300% senior unsecured notes due 2028 and $300 million of 4.800% senior unsecured notes due 2048.

The offering closed on September 27, 2018.

BofA Merrill Lynch, Citigroup, Wells Fargo Securities, Morgan Stanley, US Bancorp, Jefferies, RBC Capital Markets and SunTrust Robinson Humphrey acted as Joint Book-Running Managers on the offering.

National Retail Properties, Inc. is a real estate investment trust traded on the New York Stock Exchange, which owns a diversified portfolio of freestanding retail stores across the United States.

The V&E corporate team was led by partners Chris Green (Picture) and David Stone, with assistance from associates Dylan Coons and Justin Lee. The tax team was led by partner Chris Mangin, with assistance from associates Paige Anderson and Virginia Blanton.

Involved fees earner: Christopher Green – Vinson & Elkins LLP; David Stone – Vinson & Elkins LLP; Dylan Coons – Vinson & Elkins LLP; Hyunjoon Lee – Vinson & Elkins LLP; Christopher Mangin Jr. – Vinson & Elkins LLP; Paige Anderson – Vinson & Elkins LLP; Virginia Blanton – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Bank of America Merrill Lynch; Citigroup Inc.; Jefferies; Morgan Stanley; RBC Capital Markets; SunTrust Robinson Humphrey, Inc.; US Bancorp; Wells Fargo Securities;

Author: Ambrogio Visconti