Realty Income Expands Credit Facility To $1.5 Billion

            Realty Income Expands Credit Facility To $1.5 Billion

PR Newswire

ESCONDIDO, Calif., Oct. 29, 2013

ESCONDIDO, Calif., Oct. 29, 2013 /PRNewswire/ -- Realty Income Corporation
(Realty Income), The Monthly Dividend Company^®, (NYSE:O), announced today
that the company has expanded its unsecured acquisition credit facility from
$1.0billion to $1.5 billion. The company exercised the $500 million accordion
expansion of the existing credit facility with its current bank lending group.
All other material business terms of the credit facility remain unchanged.

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

The Sole Lead Arranger for the credit facility is Wells Fargo Securities LLC.
Bank of America, N.A. and Regions Bank are Co-Syndication Agents, and U.S.
Bank National Association, J.P. Morgan Chase Bank, N.A., Royal Bank of Canada
and The Bank of New York Mellon are Co-Documentation Agents. The other
participants in the credit facility are: Union Bank, N.A., Branch Banking and
Trust Company, BBVA Compass Bank, PNC Bank, Raymond James, Capital One Bank,
Sumitomo Mitsui and Comerica. The Administrative Agent for the credit facility
is Wells Fargo Bank, N. A..

Commenting on the transaction, EVP, Chief Financial Officer & Treasurer, Paul
M. Meurer said, "We are very pleased with the expansion of our credit
facility, which enhances our liquidity and financial flexibility, and provides
ready access to capital for our property acquisition efforts. We sincerely
appreciate the continued support of our bank lending partners as we have grown
over the years. This facility will provide us with the funds to continue to
increase the size of our real estate portfolio, which is fundamental to our
goal of regularly increasing the amount of the monthly dividend we pay to our
shareholders."

Realty Income is The Monthly Dividend Company^®, a New York Stock Exchange
real estate company dedicated to providing shareholders with dependable
monthly income. To date, the company has declared 520 consecutive monthly
dividend payments throughout its 44-year operating history. The monthly income
is supported by the cash flow from more than 3,800 properties owned under
long-term lease agreements with 200 leading regional and national retail
chains and other commercial enterprises. The company is an active buyer of
net-leased commercial properties nationwide. Additional information about the
company can be obtained from the corporate website at www.realtyincome.com.

Forward-Looking Statement
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, integration of the ARCT acquisition, 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.

Note to Editors: Realty Income press releases are available at no charge on
the Internet at
http://www.realtyincome.com/invest/newsroom-library/press-releases.shtml.

SOURCE Realty Income Corporation

Website: http://www.realtyincome.com
Contact: Paul M. Meurer, Executive Vice President, Chief Financial Officer &
Treasurer, (760) 741-2111 ext. 1109
 
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