Realty Income Amends Term Loan Agreements, Adds $500M Loan

What Happened

• On August 20, 2026, Realty Income Corporation announced two amendments to its term loan agreements. The Wells Fargo amendment provides for a $500 million term loan due August 20, 2027. The TD (Toronto Dominion) amendment revises the multi‑currency term loan agreement that permits up to $1.35 billion in aggregate borrowings, which mature on January 18, 2028. Both amendments align certain terms with Realty Income’s recently closed Fifth Amended and Restated Credit Agreement dated July 10, 2026.

Key Details

• Date of amendments: August 20, 2026.
• Wells Fargo amendment: $500 million term loan, maturity August 20, 2027 (Wells Fargo Bank, N.A. as Administrative Agent).
• TD amendment: modifies multi‑currency term loans allowing up to $1.35 billion total borrowings, maturity January 18, 2028 (Toronto Dominion (Texas) LLC as Administrative Agent).
• Amendments conform terms to the company’s Fifth Amended and Restated Credit Agreement (dated July 10, 2026).

Why It Matters

• These amendments affect Realty Income’s debt profile and near‑term financing schedule by adding a significant $500M term loan maturing in 2027 and confirming the structure and limits of multi‑currency borrowings through 2028. For investors, the changes are material to liquidity and upcoming debt maturities and show the company is actively managing and standardizing its credit arrangements across lenders.