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Realty Income | 424B5: Prospectus

SEC announcement ·  Jan 9 13:00
Summary by Futu AI
Realty Income Corporation, an S&P 500 company known as The Monthly Dividend Company, has announced the issuance of $1,250,000,000 in aggregate principal amount of notes, divided into two tranches: $450,000,000 of 4.750% Notes due 2029 and $800,000,000 of 5.125% Notes due 2034. The notes will mature on February 15 of their respective years, with interest payable semi-annually. The company intends to use the net proceeds for general corporate purposes, which may include repaying existing indebtedness. The offering is made through a consortium of underwriters led by Wells Fargo Securities, BBVA, Citigroup, Mizuho, and TD Securities, among others. The announcement details the financial terms of the notes and the company's plans for the use of proceeds, aiming to maintain its REIT status and comply with associated financial regulations.
Realty Income Corporation, an S&P 500 company known as The Monthly Dividend Company, has announced the issuance of $1,250,000,000 in aggregate principal amount of notes, divided into two tranches: $450,000,000 of 4.750% Notes due 2029 and $800,000,000 of 5.125% Notes due 2034. The notes will mature on February 15 of their respective years, with interest payable semi-annually. The company intends to use the net proceeds for general corporate purposes, which may include repaying existing indebtedness. The offering is made through a consortium of underwriters led by Wells Fargo Securities, BBVA, Citigroup, Mizuho, and TD Securities, among others. The announcement details the financial terms of the notes and the company's plans for the use of proceeds, aiming to maintain its REIT status and comply with associated financial regulations.

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