Realty Income Corporation closed an $800 million offering of 4.750% Notes due 2033, issued under its existing shelf registration and indenture dated 1998.
Key takeaways
The Company closed the offering of $800 million aggregate principal amount of 4.750% Notes due 2033.
Notes were issued at 98.261% of principal amount, with underwriting discounts of 0.650%.
Interest is payable semiannually on April 15 and October 15, commencing October 15, 2026.
The Notes are redeemable at the Company's option, with a par call date of February 15, 2033.
Net proceeds are intended for general corporate purposes, consistent with the REIT's financing strategy.