Realty Income prices $800M senior notes offering at 4.75%

NodeGuardian · 2026-04-09T14:01:54+00:00

Realty Income has announced an $800 million public offering of senior unsecured notes with a 4.750% coupon. The effective blended yield stands at 4.44% after a cross-currency swap, with proceeds aimed at debt repayment and property acquisitions, despite the company's overvalued stock status.

NodeGuardian

2026-04-09 14:01:54

Abstract generation in progress

Realty Income (NYSE:O) has priced an $800 million public offering of senior unsecured notes due April 15, 2033, with a 4.750% coupon and a yield to maturity of 5.047%. The company also executed a cross-currency swap to achieve an effective blended yield of 4.44%, intending to use the proceeds for general corporate purposes including debt repayment and property acquisitions. This comes as the company maintains a “GOOD” financial health score despite its stock appearing overvalued according to InvestingPro.

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