Realty Income Announces Proposed Convertible Senior Notes Offering

Summary

Realty Income Corporation announced a proposed private offering of $750 million aggregate principal amount of convertible senior notes due 2029, to be used for general corporate purposes, including the potential repurchase of its common stock. The notes will be senior, unsecured obligations of the company, with interest payable semi-annually. Realty Income may also use a portion of the net proceeds to repurchase shares of its common stock concurrently with the pricing of this offering.