Realty Income Prices Upsized $875.0M Convertible Senior Notes Offering Due 2031 At 3.750% Interest
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Why It Matters
Realty Income borrowed $875 million by selling special bonds that pay 3.75% interest and can turn into stock by 2031. When a company borrows money this way, it usually means they have plans to invest or grow, so watch if they use it wisely.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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