Store Capital offers fixed-rate notes due 2028 via three bookrunners

By Devika Patel

Knoxville, Tenn., March 8 – Store Capital Corp. expects to price fixed-rate senior notes due 2028, according to a 424B5 filed with the Securities and Exchange Commission.

The notes feature a make-whole call until three months prior to maturity and then a par call.

Goldman Sachs & Co., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used for property acquisitions, to repay debt under the company’s unsecured revolving credit facility, for working capital and for other general corporate purposes.

Store Capital is a real estate investment trust based in Scottsdale, Ariz.

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