NNN REIT, Inc. Publicizes $200 Million Incremental Term Mortgage and Amendment to Term Mortgage and Credit Facility Pricing

ORLANDO, Fla., June 23, 2026 /PRNewswire/ — NNN REIT, Inc. (NYSE: NNN) (“NNN” or the “Firm”), a accurate estate funding believe (“REIT”), as of late announced the insist of its $200 million incremental time frame loan choice below its senior unsecured time frame loan facility, increasing the mix facility dimension to $500 million (the “Term Mortgage”). The incremental borrowings lift the same terms to the unique $300 million time frame loan (after giving attain to the amendments described below). The Term Mortgage matures on February 15, 2029, with two one-365 days extension alternate ideas. NNN expects to insist proceeds from the incremental time frame loan for customary corporate purposes.

In anticipation of the incremental time frame loan, NNN entered correct into a $100 million ahead initiating swap that fixes SOFR at 3.43% thru February 15, 2029.

“We are happy with as of late’s transactions, which strengthen our financial flexibility, present capital to fund our trade plans, and decrease our label of capital,” talked about Vincent H. Chao, Chief Monetary Officer. “We seriously cherish the persevered make stronger and prolonged-standing relationships with our financial institution community.”

Furthermore, the Firm amended the pricing grids on the Term Mortgage and its existing senior unsecured revolving credit score facility, (the “Revolving Credit Facility”). According to NNN’s unique credit score scores, the relevant SOFR-primarily based margin became diminished to 0.800% from 0.850% for all outstanding Term Mortgage borrowings and 0.725% from 0.775% for all Revolving Credit Facility borrowings.

Wells Fargo Securities, LLC and BofA Securities, Inc., served because the Joint Lead Arrangers and Joint Bookrunners, with Wells Fargo Bank, National Association performing because the Administrative Agent and Bank of The US, N.A. performing because the Syndication Agent.

Truist Securities, Inc., PNC Capital Markets LLC, U.S. Bank National Association, Royal Bank of Canada and TD Bank, N.A., served as Joint Lead Arrangers, with Truist Bank, PNC Bank, National Association, U.S. Bank National Association, Royal Bank of Canada, TD Bank, N.A., and Mizuho Bank Ltd., performing as Documentation Agents. Sumitomo Mitsui Banking Company, Serene York Branch, and Raymond James Bank also participated within the transaction.

About NNN REIT, Inc.

NNN is a REIT that invests in fine quality properties field on the total to prolonged-time frame, gain leases with minimal ongoing capital expenditures. As of March 31, 2026, the Firm owned 3,711 properties at some level of all 50 states, the District of Columbia and Puerto Rico, encompassing approximately 39.6 million sq. toes of fallacious leasable plan, with a weighted average final hire time frame of 10.1 years. For more recordsdata, please take a look at with www.nnnreit.com.

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SOURCE NNN REIT, Inc.