Spirit RealtyCapital Inc. on April 11 priced a public offering of 30.0 millionshares of its common stock at $11.15 apiece, with net proceeds expected atabout $320.7 million.

The underwritten public offering was upsized from thepreviously offered27.0 million shares. In addition, the underwriters' option to purchaseadditional shares was upsized to 4,500,000 shares from 4,050,000 shares.

The company expects to close the offering on April 15,subject to customary closing conditions.

As previously disclosed, the company plans to use the netproceeds from the offering to reduce amounts outstanding under its $370.0million term loan facility.

Morgan Stanley, BofA Merrill Lynch, J.P. Morgan and DeutscheBank Securities are acting as joint book-runners for the offering.