National Retail Properties Inc., a real estate investment trust based in Orlando, Fla., has priced a public offering of $150 million of convertible senior notes due 2026 at par.The notes have a coupon of 3.95%. They are convertible, subject to various conditions, into cash, common stock, or a combination thereof (at the company's option) at an initial conversion price of $24.449 per share. National Retail Properties can be found online at http://www.nnnreit.com.
-
A group of plaintiffs in another action against the National Association of Realtors and three franchisors claimed harm if the May 9 final settlement hearing took place.
12m ago -
Out of the 221 metro areas tracked, 205 had existing home price increases and just 15 reported year-over-year declines, the National Association of Realtors said.
1h ago -
The rates of single parent homeownership by gender differ by 14 percentage points, even though more single women own homes than men.
6h ago -
Purchases and refinances both contributed to weekly growth, with notable increases in certain government-lending segments, the Mortgage Bankers Association said.
6h ago -
McCargo will succeed Teresa Bryce Bazemore at what the former sees as a "transitional, pivotal moment" for the Federal Home Loan bank.
9h ago -
Freddie's plan "has merit," but if also used by Fannie, it might create competition for many closed-end, second liens in PL RMBS, according to new research.
11h ago