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VEREIT in the News

Road to Recovery – New leadership and business model guide local REIT’s comeback

“We believe we have certainly exceeded expectations,” says Glenn Rufrano, VEREIT, Inc.’s CEO. Rufrano discusses the Company’s road to recovery, which includes achieving investment grade ratings, enhancing the portfolio, supporting Cole Capital and establishing a sustainable dividend.

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A Pattern of Exceeding Goals

Two years into his tenure, VEREIT CEO Glenn Rufrano charts the net lease giant's progress in re-establishing itself, telling GlobeSt.com, "I believe we are now fully credible" in the public markets. Rufrano says VEREIT has surpassed many of the metrics in the business plan the company mapped out in 2015.

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VEREIT Inc. Upgraded To 'BBB-' On Improved Credit Measures And Leverage-Neutral Financial Policy by S&P

The stable outlook reflects S&P Global Ratings’ view that VEREIT will continue to manage its stated growth goals in a leverage-neutral manner, while maintaining credit metrics at or near its current levels.

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Please send press-related inquiries to:
Parke Chapman
Rubenstein Communications
212-843-8489
pchapman@rubenstein.com

 

For all other communication inquiries, please contact John Bacon, Senior Vice President, Corporate Communications.

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