This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Realty Income Prices $350 Million Of 3.875% Senior Unsecured Notes Due 2024

ESCONDIDO, Calif., June 18, 2014 /PRNewswire/ -- Realty Income Corporation (Realty Income), The Monthly Dividend Company ®, (NYSE:O), today announced the pricing of $350 million of 3.875% senior unsecured notes due 2024. The public offering price for the notes was 99.956% of the principal amount for an effective yield to maturity of 3.88%. The net proceeds from the offering will be used to repay a portion of the borrowings outstanding under the company's acquisition credit facility and for other general corporate purposes and working capital, which may include acquisitions. 

Realty Income Corporation - The Monthly Dividend Company.

The joint-book running managers for the offering are Citigroup, BofA Merrill Lynch, BNY Mellon Capital Markets, LLC, J.P. Morgan, RBC Capital Markets, Regions Securities LLC, US Bancorp, and Wells Fargo Securities. The co-lead managers for the offering are Credit Suisse and Morgan Stanley. Senior co-managers include BB&T Capital Markets, BBVA Securities, Mitsubishi UFJ Securities, and PNC Capital Markets LLC. Other co-managers are Capital One Securities, Comerica Securities, Raymond James, SMBC Nikko, Janney Montgomery Scott, and TAP Advisors. A copy of the prospectus supplement and prospectus related to this offering may be obtained by contacting Citigroup by telephone (toll free) at 1-800-831-9146, BofA Merrill Lynch by telephone (toll free) at 1-800-294-1322 or by email at dg.prospectus_requests@baml.com, BNY Mellon Capital Markets, LLC by telephone (toll free) at 1-800-269-6864, J.P. Morgan by telephone (collect) at 1-212-834-4533, or Wells Fargo Securities by telephone (toll free) at 1-800-326-5897 or by email at cmclientsupport@wellsfargo.com.  

These securities are offered pursuant to a Registration Statement that has become effective under the Securities Act of 1933. These securities are only offered by means of the prospectus included in the Registration Statement and the 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 offer or 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.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs