VEREIT operating partnership plans debt offering

In This List

Blog

Insight Weekly: Loan delinquencies up; US money supply falls; coal employment grows

Blog

Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders

Blog

Debt Ceiling Debate: IR Teams Should Prepare for Potential Market Downturns

Blog

Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up

4 Oct, 2018 | 15:31

Author Faizan Farooque
Theme Real Estate

The operating partnership of VEREIT Inc. plans to offer an undisclosed amount of senior notes.

The single-tenant real estate investment trust aims to use the net proceeds to repay borrowings under its $2.0 billion revolving credit facility.

Wells Fargo Securities LLC, BMO Capital Markets Corp., J.P. Morgan Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc., SMBC Nikko Securities America Inc. and U.S. Bancorp Investments Inc. are the joint book-running managers for the offering.