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Stock impact report

FCPT Provides Company and COVID-19 Update

Four Corners Property Trust, Inc. (FCPT) 
Last four corners property trust, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Business Wire
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced certain year-to-date activities and its response to the ongoing COVID-19 pandemic, including a summary of its recent capital markets activities, liquidity, acquisition activities, and an update on its real estate portfolio. In appreciation of stockholders’ enhanced need for information during this volatile period, FCPT will endeavor to provide periodic updates to shareholders as material information becomes available during the quarter ending June 30, 2020.Capital Markets and Liquidity UpdateAs previously announced on March 31, 2020, FCPT recently entered into agreements to issue $125 million of senior unsecured notes (the “Notes”). The Notes consist of $75 million of notes with a ten-year term, which funded on April 8, 2020, and mature on April 8, 2030, and priced at a fixed interest rate of 3.20%, and $50 million of notes with a nine-year term, which are Show less Read more
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