Realty Income raises $1.25B in senior notes.

Realty Income Prices $1.25B in Senior Notes for General Corporate Purposes

Realty Income Corporation, also known as The Monthly Dividend Company®, has announced the pricing of a dual-tranche offering totaling $1.25 billion in senior unsecured notes. The proceeds from this offering will be used for general corporate purposes. Realty Income, a real estate investment trust (REIT), is a member of the S&P 500 Dividend Aristocrats® index. The company’s monthly dividends are backed by a portfolio of over 13,250 real estate properties under long-term net lease agreements.