Overview

• The company priced a public offering of $800 million in senior unsecured notes on September 25, split between $400 million at 3.95% due February 2029 and $400 million at 4.50% due February 2033, with an average yield of 4.41%.
• Proceeds are designated for general corporate purposes, which may include repaying existing debt.
• UBS maintained a Buy rating with a $66 price target on September 15, citing European acquisition opportunities, an improving credit outlook, and growth via an open‑ended fund.
• Realty Income owns about 15,600 properties across every U.S. state plus the UK and seven other European markets, serving more than 1,600 clients in 91 industries.
• Occupancy has remained above 96% since its 1994 IPO and ticked up to 98.7% at 2024 year‑end; the REIT raised its monthly dividend 0.2% to $0.2695 on September 9, with a 5.35% yield as of October 1.