American Realty Capital Properties plans $60 million public stock sale

Company to offer common shares through syndicate of five agents

By Devika Patel

Knoxville, Tenn., Oct. 29 - American Realty Capital Properties, Inc. will sell $60 million of its common stock in a public offering, according to a prospectus supplement filed Monday with the Securities and Exchange Commission.

The company will sell the shares through agents Deutsche Bank Securities Inc., JMP Securities LLC, Ladenburg Thalmann & Co. Inc., RBS Securities Inc. and Robert W. Baird & Co. Inc.

Proceeds will be used for potential property acquisitions, to repay debt under the company's senior secured revolving credit facility and for other general corporate purposes.

American Realty, based in New York, is a real estate investment company.

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