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Realty Income Corporation Announces Commencement Of Public Offering Of Common Stock

ESCONDIDO, Calif., March 26, 2014 /PRNewswire/ -- Realty Income Corporation (Realty Income), The Monthly Dividend Company ®, (NYSE: O), today announced that it has commenced an underwritten public offering of 10,500,000 shares of common stock. The company also plans to grant the underwriters a 30-day option to purchase up to 1,575,000 additional shares of common stock. The underwriters for the offering are: BofA Merrill Lynch, Morgan Stanley, Wells Fargo Securities, RBC Capital Markets, J.P. Morgan, Jefferies LLC, and UBS Investment Bank (joint book-running managers), Baird, Citigroup, Credit Suisse, and Raymond James (co-lead managers), BB&T Capital Markets, Piper Jaffray and Stifel (senior co-managers), and BNY Mellon Capital Markets, LLC, Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc., Mitsubishi UFJ Securities, Moelis & Company LLC and Oppenheimer & Co. (co-managers).

Realty Income Corporation - The Monthly Dividend Company.

The company expects to use the net proceeds from the offering to repay borrowings under its $1.5 billion acquisition credit facility, which were, and will be, used to fund real estate acquisitions.

A preliminary prospectus supplement and final prospectus supplement related to the public offering of these securities has been or will be filed with the Securities and Exchange Commission. Copies of the preliminary prospectus supplement and final prospectus supplement, when available, may be obtained from BofA Merrill Lynch, 222 Broadway, New York, New York 10038, Attn: Prospectus Department or email dg.prospectus_requests@baml.com; or Morgan Stanley, 180 Varick Street, 2 nd Floor, New York, New York, 10014, Attn: Prospectus Department; or Wells Fargo Securities, Attn: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, telephone: 1.800.326.5897 or email: cmclientsupport@wellsfargo.com; or RBC Capital Markets, Attn: Equity Syndicate, Three World Financial Center, 200 Vesey St., 8 th Floor, New York, NY 10281-8098, telephone: 1.877.822.4089.

These securities are offered pursuant to a Registration Statement that has become effective under the Securities Act. These securities are only offered by means of the prospectus included in the Registration Statement and the preliminary prospectus supplement related to the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction where the offer, solicitation, or sale of these securities would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

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