Realty Income Corporation (the "Company") has entered into a purchase agreement with Wells Fargo Securities, LLC, BBVA Securities Inc., BofA Securities, Inc., J.P. Morgan Securities LLC, and TD Securities (USA) LLC, acting as representatives of the underwriters, to issue and sell $800 million aggregate principal amount of its 4.750% Notes due 2033. The offering is expected to close on April 7, 2026, subject to customary closing conditions. This move is part of the Company's ongoing strategy to manage its capital structure and finance its operations effectively. The proceeds from the offering will be used for general corporate purposes, which may include the acquisition of additional properties and the repayment of existing debt. The Company has emphasized its commitment to maintaining its status as a real estate investment trust (REIT) and ensuring compliance with all regulatory requirements. The notes will be offered under the Company's automatic shelf registration statement filed with the SEC, which allows for a streamlined process in raising capital. Realty Income Corporation is known for its monthly dividend payments and has a strong track record in the real estate sector, focusing on single-tenant commercial properties. Investors are advised to review the prospectus supplement and the accompanying documents for detailed information regarding the offering and the associated risks.
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