Realty Income Announces Proposed $750M Convertible Senior Notes Due 2031
Realty Income Corporation ((Realty Income, NYSE:O), The Monthly Dividend Company®, today announced its intention to offer, subject to market and other conditions, $750.0 million aggregate principal amount of convertible
Realty Income is borrowing $750 million by selling special bonds that might turn into company stock later. This helps them get money for their business, but watch whether investors think it's a good use of cash.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.