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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Monthly-dividend net-lease real estate investment trust
realtyincome.comLast updated
In short: Realty Income raised its 2026 growth guidance and investment targets after a strong start to the year and strategic capital expansions.
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.
The real estate investment trust best known for specializing in brick-and-mortar retailing is getting into an unlikely -- but brilliant -- business.
It’s one of the most dependable investments for income investors.
REALTY INCOME CORP has an Investment Rating of BUY; a target price of $71.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a...
Realty Income Corporation is highlighted as a strong buy due to its attractive valuation, quality assets, and a robust 5.14% yield compared to peers. The...
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