DALLAS, Jan. 23, 2018 /PRNewswire/ -- Spirit Realty
Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company"), a premier
net lease real estate investment trust (REIT) that invests in
single-tenant, operationally essential real estate, announced today
that the Company will post a presentation after the close of
markets today, Tuesday, January 23,
2018 to update investors on the Company's progress with the
previously announced spin-off of certain assets of the Company into
Spirit MTA REIT ("SMTA"), which is still expected to close in the
first half of 2018.
Spirit's management team will host a conference call and audio
webcast today, Tuesday, January 23,
2018, at 5:00pm Eastern
Time.
Interested parties can listen to the call via the following:
INTERNET: Go to www.spiritrealty.com and select the investor
relations page at least 15 minutes prior to the start time of the
call in order to register, download and install any necessary audio
software. The webcast will be accessible for three months.
PHONE: No access code required.
(888) 349-0136 (Domestic) / (412) 542-4152 (International) / (855)
669-9657 (Canada)
REPLAY: Available through February 6,
2017 with access code 10116454
(877) 344-7529 (Domestic) / (412) 317-0088 (International) / (855)
669-9658 (Canada)
About Spirit Realty Capital
Spirit Realty Capital,
Inc. (NYSE: SRC) is a premier net-lease real estate investment
trust (REIT) that primarily invests in high-quality, operationally
essential real estate, subject to long-term, net leases. Over the
past decade, Spirit has become an industry leader and owner of
income-producing, strategically located retail, industrial and
office properties providing superior risk adjusted returns and
steady dividend growth for our shareholders.
As of September 30, 2017, our
diversified portfolio was comprised of 2,511 properties, including
properties securing mortgage loans made by the Company. Our
properties, with an aggregate gross leasable area of approximately
49.7 million square feet, are leased to approximately 421 tenants
across 49 states and 30 industries.
More information about Spirit can be found on the investor
relations section of the Company's website at
www.spiritrealty.com.
Forward-looking and Cautionary Statements
This
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 and
other federal securities laws. These forward-looking statements can
be identified by the use of words such as "expect," "plan," "will,"
"estimate," "project," "intend," "believe," "guidance," and other
similar expressions that do not relate to historical matters. These
forward-looking statements are subject to known and unknown risks
and uncertainties that can cause actual results to differ
materially from those currently anticipated due to a number of
factors, which include, but are not limited to, Spirit's continued
ability to source new investments, risks associated with using debt
to fund Spirit's business activities (including refinancing and
interest rate risks, changes in interest rates and/or credit
spreads, changes in the price of our common stock, and conditions
of the equity and debt capital markets, generally), unknown
liabilities acquired in connection with acquired properties or
interests in real-estate related entities, general risks affecting
the real estate industry and local real estate markets (including,
without limitation, the market value of our properties, the
inability to enter into or renew leases at favorable rates,
portfolio occupancy varying from our expectations, dependence on
tenants' financial condition and operating performance, and
competition from other developers, owners and operators of real
estate), the financial performance of our retail tenants and the
demand for retail space, particularly with respect to challenges
being experienced by general merchandise retailers, potential
fluctuations in the consumer price index, risks associated with our
failure to maintain our status as a REIT under the Internal Revenue
Code of 1986, as amended, risks and uncertainties related to the
completion and timing of Spirit's proposed spin-off of properties
leased to Shopko Retail Shops Holding Corp. and certain of its
affiliates and assets that collateralize Master Trust 2014 and the
impact of the spin-off on Spirit's business, and other additional
risks discussed in Spirit's most recent filings with the Securities
and Exchange Commission, including its Annual Report on Form 10-K.
Spirit expressly disclaims any responsibility to update or revise
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
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SOURCE Spirit Realty Capital, Inc.