STORE Capital Corporation STOR, an internally managed net-lease real
estate investment trust (REIT) that invests in Single Tenant Operational
Real Estate, announced today that it has filed a registration statement with
the U.S. Securities and Exchange Commission related to a proposed public
offering of 9,250,000 shares of common stock to be sold by the Company and
9,250,000 shares of common stock to be sold by the selling stockholder. In
connection with the offering, the selling stockholder will also grant the
underwriters an option to purchase up to 2,775,000 additional shares of
common stock.
The proceeds of the primary portion of the proposed offering will be used by
the Company to repay amounts outstanding on its revolving credit facilities
and to fund real estate acquisitions. The Company will not receive any
proceeds from shares of common stock to be sold by the selling stockholder.
Goldman, Sachs & Co., Credit Suisse and Morgan Stanley are joint
book-running managers for the offering. The offering of these securities
will be made only by means of a prospectus. A copy of the preliminary
prospectus, when available, may be obtained from: Goldman, Sachs & Co., via
telephone: (866) 471-2526, email: prospectus-ny@ny.email.gs.com, or standard
mail: Goldman, Sachs & Co., 200 West Street, New York, NY 10282, Attention:
Prospectus Department; Credit Suisse Securities (USA) LLC, via telephone:
(866) 221-1037, email: newyork.prospectus@credit-suisse.com, or standard
mail: Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, NY
10010, Attention: Prospectus Department; and Morgan Stanley & Co. LLC, via
standard mail: Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New
York, NY 10014, Attention: Prospectus Department.
A registration statement relating to these securities has been filed with
the SEC but has not yet become effective. The securities may not be sold nor
may offers to buy be accepted prior to the time the registration statement
becomes effective. This press release shall not constitute an offer to sell
or the solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
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