Realty Income Corp Announces Pricing of 3.750% Convertible Notes Due 2031

What Happened
Realty Income Corporation announced on August 11, 2026 that it priced a previously announced offering of 3.750% Convertible Senior Notes due 2031. The offering was made to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. The company filed a Form 8-K on August 12, 2026 and attached a press release (Exhibit 99.1) announcing the pricing.

Key Details

• Pricing date: August 11, 2026 (press release attached as Exhibit 99.1).
• Interest rate: 3.750% on the Convertible Senior Notes due 2031.
• Placement: Offered to qualified institutional buyers under Rule 144A.
• Disclosure: The 8-K includes the press release announcing the pricing; additional offering details (aggregate principal amount, conversion rate/price, use of proceeds) may be provided in other offering documents or future SEC filings.

Why It Matters
This transaction represents a capital markets activity by Realty Income that can affect the company’s financing mix. Convertible notes provide fixed interest obligations (3.750% coupon) now and the potential for equity conversion later, which can influence interest expense, leverage and possible dilution if conversions occur. Retail investors should review the attached press release and monitor subsequent filings (prospectus supplement or related disclosures) for the offering size, conversion terms and intended use of proceeds to assess the impact on shares and balance sheet metrics.