Realty Income recasts and expands credit facilities to $5.5 billion
It upsized from $4 billion revolving and $3 billion commercial paper, with a lower borrowing spread.
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It upsized from $4 billion revolving and $3 billion commercial paper, with a lower borrowing spread.
Annualized at $3.252 per share, marking the 673rd consecutive monthly dividend in 57 years.
The JV, with Cloud Capital and a global investor, targets over $6 billion in assets, with Realty Income investing up to $1.4 billion.
The 3.625% notes due 2032 priced at 99.518% for a 3.716% yield.
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