Latham & Watkins Advises on STORE Capital’s US$350 Million Senior Notes Offering

STORE Capital LLC, an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, has announced that it priced a US$350 million offering of 5.40% senior unsecured notes. The notes were priced at 99.935% of the principal amount and will mature on April 30, 2030. The offering is expected to close on March 25, 2025, subject to customary closing conditions.

Latham & Watkins LLP represents the initial purchasers in the offering with a capital markets team led by Los Angeles/New York partner Julian Kleindorfer and New York/Century City partner Lewis Kneib, with associates Eric Finkelberg and Viva Jerónimo. Advice was also provided on tax matters by Century City partner Pardis Zomorodi, with associate Ryan Brenner.