$O·8-K

REALTY INCOME CORP · Apr 7, 4:01 PM ET

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REALTY INCOME CORP 8-K

Research Summary

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Updated

Realty Income Corp Announces 4.750% Notes Due 2033 Offering

What Happened

  • Realty Income Corp (O) filed an 8-K on April 7, 2026 disclosing that it has entered into a purchase agreement dated March 30, 2026 to issue a new series of debt securities: 4.750% Notes due 2033. The purchase agreement names Wells Fargo Securities, BBVA Securities Inc., BofA Securities, J.P. Morgan Securities LLC and TD Securities (USA) LLC as representatives of the underwriters.
  • The filing references the company’s existing indenture (dated October 28, 1998) and includes an Officers’ Certificate dated April 7, 2026 establishing the terms of the new series. Legal opinions from Venable LLP and Latham & Watkins LLP are filed as exhibits.

Key Details

  • Coupon: 4.750% fixed interest rate.
  • Maturity: 2033.
  • Purchase agreement date: March 30, 2026; 8-K filed April 7, 2026.
  • Exhibits include the Officers’ Certificate establishing the series terms and legal opinions; the filing does not state the principal amount or use of proceeds.

Why It Matters

  • This 8-K signals Realty Income is adding a new fixed‑rate debt obligation that will increase its outstanding liabilities and future interest payments at a 4.75% coupon through 2033.
  • Investors should note the filing does not disclose the offering size, price or use of proceeds; look for a prospectus supplement or further SEC filings for those details, which affect leverage, interest expense and cash-flow outlook.

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