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Realty Income Prices Dual-Tranche Notes Offering
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Realty Income Prices Dual-Tranche Notes Offering
Aug 29, 2024 9:11 AM

03:37 AM EDT, 08/28/2024 (MT Newswires) -- Realty Income ( O ) said late Tuesday it priced a public offering of 350 million British pounds ($463.5 million) of 5% senior unsecured notes due 2029 at 99.139% of the principal amount and 350 million pounds of 5.25% senior unsecured notes due 2041 at 96.211% of principal.

The offering is expected to close on Sept. 4.

Net proceeds will be used for general corporate purposes, the company said.

Price: 62.10, Change: -0.05, Percent Change: -0.08

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