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Realty Income prices $800M senior notes with 4.75% coupon, plans to use proceeds for debt and property investments.

Company Fundamentals
30 Mar 2026
PRNewsWire
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Realty Income Corporation announced an $800 million public offering of 4.750% senior unsecured notes due in 2033, priced at 98.261% of principal with an effective yield of 5.047%. They also executed a $500 million cross currency swap to convert proceeds into euros, achieving an effective blended yield of 4.44%. The net proceeds will be used for general corporate purposes including debt repayment, property development, and acquisitions. The offering is expected to close on April 7, 2026, with major banks managing the issuance.

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