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National Retail Properties says no 3.95% convertibles put back
By Angela McDaniels
Tacoma, Wash., Sept. 20 - National Retail Properties, Inc. said none of the holders of its 3.95% convertible senior notes due 2026 exercised their put options.
Holders had until 5 p.m. ET on Sept. 13 to put back their convertibles and until 10 a.m. ET on Sept. 19 to withdraw any convertibles previously surrendered for purchase.
About $138.7 million of the convertibles remain outstanding.
The next put option repurchase date is Sept. 15, 2016.
National Retail Properties is a real estate investment trust that invests primarily in retail properties. It is based in Orlando, Fla.
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