REALTY INCOME CORP 8-K

What Happened

• Realty Income Corporation (O) filed a Form 8‑K reporting that on June 29, 2026 it entered into a purchase agreement with representatives of underwriters to issue and sell €600.0 million aggregate principal amount of its 3.625% Notes due 2032. The offering is anticipated to close on July 7, 2026, subject to customary closing conditions. The representatives include Barclays Bank PLC, BNP PARIBAS, RBC Europe Limited, Banco Santander, S.A. and Wells Fargo Securities International Limited.

Key Details

• Offering amount: €600.0 million principal.
• Coupon / maturity: 3.625% fixed-rate notes due 2032.
• Purchase agreement date: June 29, 2026; anticipated closing: July 7, 2026 (subject to customary conditions).
• Underwriters (representatives): Barclays, BNP Paribas, RBC Europe, Banco Santander, Wells Fargo Securities Int’l.

Why It Matters

• This is a debt capital raise in euros that will increase Realty Income’s long-term fixed-rate liabilities, affecting its debt maturity profile and interest expense through 2032.
• The fixed 3.625% coupon locks financing costs for the term, which can be beneficial if market rates rise.
• Closing remains subject to customary conditions and the filing includes standard forward-looking statement language; investors should note there is no guarantee the transaction will close as anticipated.