SAN DIEGO, June 30, 2021 /PRNewswire/ — Realty Income Company (Realty Money,NYSE: O), The Regular Dividend Organization®, nowadays declared the pricing of an underwritten public presenting of 8,000,000 shares of the firm’s frequent stock for envisioned gross proceeds of close to $519 million. The providing is expected to near on July 6, 2021. The underwriters of the giving have been granted a 30-day solution to invest in up to 1,200,000 additional shares of widespread inventory. The joint guide-running administrators for the featuring are Wells Fargo Securities and Morgan Stanley.
The enterprise intends to use internet proceeds from the supplying to repay borrowings underneath its $3. billion revolving credit score facility and/or $1. billion industrial paper plan, and, to the extent not applied for that purpose, to fund potential investment decision prospects and/or for other typical corporate reasons.
A prospectus nutritional supplement and accompanying prospectus related to the community giving of these securities will be filed with the Securities and Exchange Commission. Copies of the prospectus health supplement and the accompanying prospectus, when offered, may possibly be received from Wells Fargo Securities, Consideration: Fairness Syndicate Department, 500 West 33rd Street, New York, New York, 10001, at (800) 326-5897 or e-mail: [email protected] or Morgan Stanley, Attn: Prospectus Section, 180 Varick Avenue, 2nd Ground, New York, New York 10014.
These securities are available pursuant to a Registration Statement that has grow to be helpful under the Securities Act. These securities are only supplied by usually means of the prospectus supplement relevant to the presenting and the linked prospectus. This press launch shall not represent an present to offer or the solicitation of an supply to get, nor shall there be any offer or sale of these securities, in any state or other jurisdiction where, or to any human being to whom, the supply, solicitation, or sale of these securities would be illegal prior to the registration or qualification below the securities legislation of any these types of condition or other jurisdiction.
Statements in this press launch that are not strictly historical are “forward-searching” statements. Ahead-on the lookout statements include known and unidentified risks, which could bring about the company’s real long run benefits to differ materially from predicted effects. These dangers incorporate, between other people, common financial disorders, domestic and international actual estate circumstances, consumer economic wellness, the availability of funds to finance planned development, volatility and uncertainty in the credit score marketplaces and broader economical marketplaces, variations in foreign forex exchange costs, assets acquisitions and the timing of these acquisitions, the framework, timing and completion of the announced mergers amongst us and VEREIT, Inc., if consummated, and any effects of the announcement, pendency or completion of the introduced mergers, such as the expected gains therefrom, prices for property impairments, the outcomes of the COVID-19 pandemic and the steps taken to limit its effects, or the effects of other pandemics or international outbreaks of contagious disorders or dread of this sort of outbreaks, on the company’s clients’ capability to adequately control their properties and fulfill their respective lease obligations to the organization, and the result of any legal proceedings to which the business is a party, as described in the company’s filings with the Securities and Exchange Commission. As a result, forward-searching statements should really be regarded entirely as reflections of the company’s existing running options and estimates. Real running final results may well vary materially from what is expressed or forecast in this push launch. The company undertakes no obligation to publicly release the results of any revisions to these forward-seeking statements that could be made to mirror gatherings or circumstances right after the date these statements were made.
Source Realty Cash flow Corporation