03:23 AM EDT, 08/20/2024 (MT Newswires) -- Realty Income ( O ) said late Monday it priced a public offering of $500 million of 5.375% senior unsecured notes due 2054 at 98.374% of par value.

The company plans to use the net proceeds for general corporate purposes.

Closing of the offering is expected to occur on Aug. 26, subject to customary closing conditions.

Price: 60.85, Change: -0.01, Percent Change: -0.02