10.25.2021
|
Series of VEREIT Notes |
Tenders and Consents Received as of the |
Percentage of Total Outstanding Principal Amount |
||
|
4.600% Notes due 2024 |
|
97.39% |
||
|
4.625% Notes due 2025 |
|
98.95% |
||
|
4.875% Notes due 2026 |
|
99.29% |
||
|
3.950% Notes due 2027 |
|
98.32% |
||
|
3.400% Notes due |
|
98.66% |
||
|
2.200% Notes due |
|
99.17% |
||
|
3.100% Notes due 2029 |
|
95.58% |
||
|
2.850% Notes due 2032 |
|
98.29% |
||
As of the Early Consent Date, we have received valid consents to the proposed amendments from the holders of at least a majority of the outstanding aggregate principal amount of each series of the VEREIT Notes, each voting as separate series. Accordingly, subject to the below, the proposed amendments will become effective on or about the second business day following the Expiration Date. The consummation of the exchange offers and consent solicitations (together, the "Exchange Offers") is subject to, and conditional upon, the satisfaction or waiver (other than the waiver of the condition requiring consummation of the Mergers (as defined in the Preliminary Prospectus referred to below)) of the conditions set forth in
The closing of the Mergers is not conditioned upon the completion of the Exchange Offers.
The dealer managers for the Exchange Offers are:
|
Attention: Toll-Free: (800) (828) (3182) Collect: (212) 902-6351 Email: [email protected] |
Attention: Toll-Free: (866) 584-2096 Collect: (212) 827-7795 Email: [email protected] |
Attention: Collect: (704) 410-4759 Toll Free: (866) 309-6316 Email: [email protected] |
The exchange agent and information agent for the Exchange Offers is:
D.F. King & Co., Inc.
New York, New York 10005
Attn: Michael Horthman
Bank and Brokers Call Collect: (212) 269-5550
All Others, Please Call Toll-Free: (877) 283-0322
Email: [email protected]
Requests for copies of the Prospectus can be made directly to the exchange agent and information agent listed above or by visiting the investor relations page of the
This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, any of the securities described herein and is also not a solicitation of the related consents. The Exchange Offers may be made only pursuant to the terms and conditions of the Prospectus and the other related materials.
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Forward-Looking Statements
Statements in this press release that are not strictly historical are "forward-looking" statements. Forward-looking statements involve known and unknown risks, which may cause our actual future results to differ materially from expected results. These risks include, among others, general economic conditions, domestic and foreign real estate conditions, client financial health, the availability of capital to finance planned growth, volatility and uncertainty in the credit markets and broader financial markets, changes in foreign currency exchange rates, property acquisitions and the timing of these acquisitions, the structure, timing and completion of the announced mergers between us and VEREIT, Inc. and any effects of the announcement, pendency or completion of the announced mergers, including the anticipated benefits therefrom, charges for property impairments, the effects of the COVID-19 pandemic and the measures taken to limit its impact, the effects of pandemics or global outbreaks of contagious diseases or fear of such outbreaks, our clients' ability to adequately manage their properties and fulfill their respective lease obligations to us, and the outcome of any legal proceedings to which the we are a party, as described in our filings with the
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