On September 25, 2025, Realty Income Corporation announced the pricing of a public offering of $800 million in dual-tranche senior unsecured notes. The offering included $400 million of 3.950% notes due February 1, 2029, and $400 million of 4.500% notes due February 1, 2033.
The combined notes have a weighted average tenor of approximately 5.3 years and a weighted average yield to maturity of 4.414%. The net proceeds from this offering are intended for general corporate purposes.
These purposes may include the repayment or repurchase of existing indebtedness, such as approximately $550.0 million of 4.625% notes due 2025, and/or borrowings under its revolving credit facilities and commercial paper programs. The offering is expected to close on October 6, 2025, subject to customary closing conditions.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.