STORE Capital Corporation (NYSE:STOR) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01
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Entry Into a Material Definitive Agreement.
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corporation (the Company), entered into an Underwriting Agreement
dated March 27, 2017, among the Company, Goldman, Sachs Co., and
Morgan Stanley Co. LLC, as representatives of the several
underwriters (the Underwriters), a copy of which is filed
herewith as Exhibit 1.1 and incorporated herein by reference (the
Underwriting Agreement). to the Underwriting Agreement, the
Company agreed to sell to the Underwriters an aggregate of
8,650,000 shares (the Firm Shares) and, at the election of the
Underwriters, up to 1,297,500 additional shares (the Optional
Shares and, together with the Firm Shares, the Shares) of the
Companys Common Stock, $0.01 par value per share. The Shares sold
by the Company to the Underwriting Agreement were offered in a
public offering at a public offering price per share of $23.10.
The sale of the Firm Shares and the Optional Shares closed on
March 31, 2017.
(US), as counsel to the Company, (a) issued its opinion with
respect to the legality of the Shares issued and sold to the
Underwriting Agreement, which opinion is attached hereto as
Exhibit 5.1 and is incorporated herein by reference, and (b)
issued its opinion with respect to certain U.S. federal income
tax matters, which opinion is attached hereto as Exhibit 8.1 and
incorporated herein by reference.
| Item 9.01 |
Financial Statements and Exhibits.
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following the page to this Current Report on Form 8-K is
incorporated by reference into this Item 9.01.
About STORE Capital Corporation (NYSE:STOR)
STORE Capital Corporation is an internally managed net-lease real estate investment trust. The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE) Properties. The Company’s portfolio includes investments in approximately 1,330 property locations operated by over 300 customers across approximately 50 states. The Company provides real estate financing solutions principally to businesses that own STORE properties and operate within the broad-based service, retail and industrial sectors of the United States economy. Its customers service various industries, such as automotive parts stores, movie theaters, cold storage facilities, office supplies retailers, discount stores, rental centers, early childhood education, secondary education, furniture stores, supermarkets and entertainment facilities. Its properties’ locations include Texas, Illinois, Georgia, Ohio, Florida, California, Colorado, Arizona and North Carolina. STORE Capital Corporation (NYSE:STOR) Recent Trading Information
STORE Capital Corporation (NYSE:STOR) closed its last trading session down -0.11 at 23.97 with 2,142,023 shares trading hands.
