Realty Income prices €600 million of 3.625% senior unsecured notes due 2032

Filed June 30, 2026 · ~2 min read

Key Changes

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  Realty Income is offering €600 million principal amount of 3.625% notes maturing July 30, 2032. Interest accrues from July 7, 2026 and is paid annually in arrears starting July 30, 2026.

  The Offering verify on EDGAR →
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  The notes are effectively subordinated to approximately $1.1 billion of subsidiary liabilities (as of March 31, 2026) because subsidiaries have not guaranteed the notes. In a subsidiary bankruptcy, subsidiary creditors are paid before assets flow to the parent to pay noteholders.

  Risk Factors verify on EDGAR →
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  As of June 25, 2026, Realty Income had $720.5 million drawn on its $4.0 billion revolving credit facility, $1.8 billion in commercial paper, $25.4 billion in unsecured senior debt securities, $2.4 billion in term loans, and $661.5 million under its fund credit facility.

  Risk Factors verify on EDGAR →