VEREIT’s $750 Million Notes Offering

Cahill represented the agents in connection with a continuous equity offering program in which VEREIT, Inc. may sell shares of its common stock having an aggregate offering price of up to $750,000,000 of shares from time to time through April 15, 2022 in “at-the-market” offerings.

J.P. Morgan, BofA Merrill Lynch, Barclays, Capital One Securities, Citigroup, Goldman Sachs & Co. LLC, Morgan Stanley and Wells Fargo Securities acted as placing agents on the offering.

Proceeds from the offering are intended to be used for general corporate purposes, which may include funding potential acquisitions and repurchasing or repaying existing indebtedness. VEREIT, Inc. is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the United States.

Cahill represented the agents with a team including Marc R. Lashbrook (Picture), William J. Miller, Christopher Bevan, Joshua D. Goldberg and Biagio A. Marino.

Involved fees earner: Christopher Bevan – Cahill Gordon & Reindel; Joshua Goldberg – Cahill Gordon & Reindel; Marc Lashbrook – Cahill Gordon & Reindel; Biagio Marino – Cahill Gordon & Reindel; William Miller – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America Merrill Lynch; Barclays Bank; Capital One; Citigroup Inc.; Goldman Sachs & Co.; JP Morgan; Morgan Stanley; Wells Fargo;

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Author: Ambrogio Visconti