Realty Income prices upsized USD 875 million convertible senior notes offering - O News | RalliesRealty Income prices upsized USD 875 million convertible senior notes offering
O
O• Upsized convertible notes offering priced
- Realty Income priced an upsized USD 875 million offering of 3.75% convertible senior notes due 2031.
- The deal was increased from USD 750 million; initial purchasers hold an option for up to an additional USD 125 million.
- Net proceeds are estimated at about USD 859 million; about USD 189 million is earmarked for repurchasing about 3,000,000 shares.
- Settlement is scheduled for Aug. 14, 2026; proceeds are also targeted for general corporate purposes, including debt repayment.
