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National Retail to sell $125 million convertible notes
New York, Sept. 6 - National Retail Properties, Inc. said it plans to sell $125 million of convertible senior notes due 2026 in a public offering.
Citigroup Global Markets Inc. and Merrill Lynch & Co. are joint bookrunners and Wachovia Securities is co-manager.
The deal has a greenshoe for a further $18.75 million.
National Retail said timing and terms will depend on market conditions and other unspecified factors.
The company is an Orlando, Fla.-based real estate investment trust that invests in retail properties.
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