Welcome to our dedicated page for Realty Income news (Ticker: O), a resource for investors and traders seeking the latest updates and insights on Realty Income stock.
Realty Income Corporation reports developments for a global net lease real estate business that provides real estate capital to corporate clients and owns a large property portfolio across the United States, the U.K. and Europe. News commonly covers operating results, FFO and AFFO measures, property investment activity, tenant and portfolio expansion, and financing transactions.
The company is known as The Monthly Dividend Company® and regularly announces common stock monthly dividends. Updates also address capital actions such as unsecured debt, term loans and currency swaps, as well as shareholder voting matters and other governance disclosures tied to its NYSE-listed common stock.
Realty Income Corporation (NYSE: O) announced a public offering of $350 million in 3.25% senior unsecured notes maturing on January 15, 2031. The notes were priced at 108.241% of the principal, yielding 2.341% to maturity. Proceeds will enhance liquidity by repaying borrowings from a $3.0 billion revolving credit facility and may also fund investment opportunities. This offering adds to the $600 million previously issued on May 8, 2020. The closure is expected on July 16, 2020, pending customary conditions.