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Realty Income Prices $800 Million Senior Notes Offering

BY MT Newswires | CORPORATE | 03:49 AM EDT

03:49 AM EDT, 03/31/2026 (MT Newswires) -- Realty Income (O) said Monday it priced a public offering of $800 million in senior unsecured notes carrying a 4.75% interest rate due April 15, 2033.

The debt securities were priced at 98.26% of their principal amount to deliver an effective yield to maturity of 5.047%, the company said.

The company also priced a $500 million seven-year cross-currency swap to euros to achieve a blended yield to maturity of approximately 4.44%, Realty Income (O) said.

Net proceeds from the transaction will be used for general corporate purposes, including debt repayment, property acquisitions, and portfolio development, with closing expected on April 7, pending closing conditions, the company added.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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