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

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

PR Newswire

ESCONDIDO, Calif., June 18, 2014

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, 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 

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.

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

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SOURCE Realty Income Corporation

Contact: Paul M. Meurer, Executive Vice President, Chief Financial Officer and
Treasurer, (760) 741-2111
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