SELECT INCOME REIT (NASDAQ:SIR) Files An 8-K Other Events

ME Staff 8-k
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SELECT INCOME REIT (NASDAQ:SIR) Files An 8-K Other Events
Item 8.01. Other Events.

On November28, 2017, Select Income REIT, or the Company, delivered a notice of redemption to U.S. Bank National Association, as trustee, with respect to all of the Company’s outstanding 2.85% Senior Notes due 2018 for a redemption price equal to the principal amount of $350.0 million, plus accrued and unpaid interest to, but excluding the date of redemption. The redemption price is expected to be paid on or about January2, 2018.

WARNING REGARDING FORWARD LOOKING STATEMENTS

THIS CURRENT REPORT ON FORM8-K CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORMACT OF 1995 AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON THE COMPANY’S PRESENT EXPECTATIONS, BUT THESE STATEMENTS ARE NOT GUARANTEED. FOR EXAMPLE, THE COMPANY EXPECTS TO REDEEM ALL OF ITS OUTSTANDING 2.85% SENIOR NOTES DUE 2018; IF UNFORESEEN CIRCUMSTANCES OCCUR, THE EXPECTED REDEMPTION OF THE 2.85% SENIOR NOTES DUE 2018 MAYBE DELAYED OR MAYNOT OCCUR.

FOR THESE REASONS, AMONG OTHERS,INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON ANY FORWARD LOOKING STATEMENT.


About SELECT INCOME REIT (NASDAQ:SIR)

Select Income REIT is a real estate investment trust. The Company primarily owns single tenant, net leased properties. The Company’s segment is the ownership of properties that include buildings and leased industrial lands that are primarily net leased to single tenants. The Company owns approximately 120 properties with over 44.7 million rentable square feet. The Company’s properties include approximately 110 office and industrial properties with over 26.9 million square feet located in approximately 30 states across the mainland United States (Mainland Properties), and over 10 properties located on the island of Oahu, Hawaii (Hawaii Properties), with approximately 17.8 million rentable square feet that are primarily leased to industrial and commercial tenants. The Company’s properties’ locations include Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Maryland, Michigan, Kansas, Nevada, New Jersey, Ohio, Oklahoma, Texas and Utah.