Spirit Realty Capital, a real estate investment trust based in Scottsdale, Arizl., has priced $330 million of commercial net lease mortgage bonds via the 144a private market.

The issue, rated ‘A+’ by both Standard & Poor’s and Kroll Bond Rating Agency, is comprised of $125 million of approximately 3.9% Series 2013-1 Class A interest only, net-lease mortgage notes expected to be repaid in December 2018 and $205 million of approximately 5.3% Series 2013-2 Class A amortizing net-lease mortgage notes expected to be repaid in December 2023.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.