Spirit Realty Capital, a REIT providing net-leases on primarily stand-alone retail and restaurant properties, raised $435 million by offering 29 million shares at $15, below the range of $16 to $18. The REIT had originally planned to offer 27.1 million shares. Spirit Realty Capital plans to list on the NYSE under the symbol SRC. Morgan Stanley, Macquarie Capital, UBS Investment Bank, Deutsche Bank and RBC Capital Markets acted as lead managers on the deal.
