Realty Income Announces £900 Million Sterling-Denominated Term Loan

Summary

Realty Income Corporation announced on November 18, 2025, that it has entered into an Amended and Restated Term Loan Agreement providing for a £900 million Sterling-denominated term loan facility maturing in January 2028, with an option to extend by 12 months. The loan replaces an existing Sterling-denominated tranche and includes a borrowing rate of 80 basis points over the Sterling Overnight Index Average (SONIA) rate. The company also executed two-year variable-to-fixed interest rate swaps, fixing the weighted average per annum interest rate at 4.3% over the initial term. The loan is intended to refinance existing Sterling-denominated borrowings and enhance financial flexibility.