Realty Income Prices $750 Million Of 4.65% Senior Unsecured Notes Due 2023

  Realty Income Prices $750 Million Of 4.65% Senior Unsecured Notes Due 2023

PR Newswire

ESCONDIDO, Calif., July 9, 2013

ESCONDIDO, Calif., July 9, 2013 /PRNewswire/ --Realty Income Corporation
(Realty Income), The Monthly Dividend Company^®, (NYSE:O), today announced the
pricing of $750 million of 4.65% senior unsecured notes due 2023. The public
offering price for the notes was 99.775% of the principal amount for an
effective yield to maturity of 4.678%. The net proceeds from the offering will
be used to repay all of the borrowings outstanding under the company's
acquisition credit facility and for other general corporate purposes and
working capital, which may include acquisitions.

(Logo:http://photos.prnewswire.com/prnh/20130507/MM09486LOGO)

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 lead
manager for the offering is Morgan Stanley. Senior co-managers include BB&T
Capital Markets, BBVA Securities, Mitsubishi UFJ Securities, Moelis & Company,
and PNC Capital Markets LLC. Other co-managers include Capital One Securities,
Comerica Securities, Raymond James and SMBC Nikko. A copy of the prospectus
supplement and prospectus related to this offering may be obtained by
contacting Citigroup by telephone (toll free) at 1-877-858-5407, BofA Merrill
Lynch by telephone (toll free) at 1-800-294-1322 or by email at
dg.prospectus_requests@baml.com, RBC Capital Markets, by telephone (toll free)
at 1-866-375-6829 or by email at usdebtcapitalmarkets@rbccm.com, US Bancorp by
telephone (toll free) at 1-877-558-2607, 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. 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.

Forward-Looking Statements
Statements in this press release that are not strictly historical are
"forward-looking" statements. Forward-looking statements involve known and
unknown risks, which may cause the company's actual future results to differ
materially from expected results. These risks include, among others, general
economic conditions, local real estate conditions, tenant financial health,
the availability of capital to finance planned growth, continued volatility
and uncertainty in the credit markets and broader financial markets, property
acquisitions and the timing of these acquisitions, charges for property
impairments, and the outcome of legal proceedings to which the company is a
party, as described in the company's filings with the Securities and Exchange
Commission. Consequently, forward-looking statements should be regarded solely
as reflections of the company's current operating plans and estimates. Actual
operating results may differ materially from what is expressed or forecast in
this press release. The company undertakes no obligation to publicly release
the results of any revisions to these forward-looking statements that may be
made to reflect events or circumstances after the date these statements were
made.

SOURCE Realty Income Corporation

Website: http://www.realtyincome.com
Contact: Tere Miller, Vice President, Corporate Communications, (760)
741-2111, ext. 1177