Four Corners Property Trust reported that it has entered into an agreement to issue $125.0 million of senior, unsecured, fixed rate notes. The Notes consist of $50.0 million of notes with a seven-year term priced at a fixed interest rate of 4.68%, and $75.0 million of notes with a ten-year term priced at a fixed interest rate of 4.93%, resulting in a weighted average maturity of 8.8 years and a weighted average fixed interest rate of 4.83%. The all-in pricing represented 235 basis points and 240 basis points above the 7-year and 10-year U.S. Treasury rates, respectively, at the time of pricing. The closing and funding of the Notes is expected to occur on June 7, 2017 subject to the satisfaction of standard closing conditions.