---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-001852"
form_type: "8-K"
ticker: "O"
cik: "0000726728"
company_name: "REALTY INCOME CORP"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T19:07:03.423640+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Realty Income enters into $1.045B multicurrency 364-day term loan facility

## Summary
- $90M USD, £705M Sterling, €85M Euro term loans; initial total ~$1.045B.
- Maturity 364 days from closing; two optional 12-month extensions.
- Interest based on SOFR/SONIA/EURIBOR plus 0.800% margin (initial Level 2).
- Accordion feature allows up to $1.5B total borrowings with additional lender commitments.
- Proceeds for general corporate purposes; includes customary covenants and events of default.

## SEC filing metadata
- accession: 0001104659-23-001852
- form_type: 8-K
- ticker: O
- cik: 0000726728
- company_name: REALTY INCOME CORP
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/726728/000110465923001852/0001104659-23-001852-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726728/000110465923001852/tm231561d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-001852
- JSON: https://secwatch.observer/filing/0001104659-23-001852.json
- Plain text: https://secwatch.observer/filing/0001104659-23-001852.txt

## Key facts
- Debt Financings
  REALTY INCOME CORP incurred term loan of $90.0 million USD, £705.0 million Sterling, and €85,000,000 Euro with lenders party thereto at SONIA, EURIBOR, or SOFR plus Applicable Margin of 0.800% per annum maturing 364 days after the closing date.
  - Instrument: term loan
  - Principal: $90.0 million USD, £705.0 million Sterling, and €85,000,000 Euro
  - Counterparty: lenders party thereto
  - Rate: SONIA, EURIBOR, or SOFR plus Applicable Margin of 0.800% per annum
  - Maturity: 364 days after the closing date
  - Event: incurrence
  source text: On January 6, 2023, Realty Income Corporation (the “Company”) entered into a Term Loan Agreement (the “Term Loan Agreement”), among the Company, as Borrower, the lenders party thereto, Toronto Dominion (Texas) LLC, as Administrative Agent, and the other parties named therein. The Term Loan Agreement provides for a $90.0 million U.S. Dollar denominated term loan (the "USD Term Loan"), a £705.0 million Sterling denominated term loan (the "Sterling Term Loan") and a €85,000,000 Euro denominated term loan (the "Euro Term Loan" and collectively with the USD Term Loan and the Sterling Term Loan, the "Term Loans").
  evidence_url: https://www.sec.gov/Archives/edgar/data/726728/000110465923001852/0001104659-23-001852-index.htm
- Material Agreements
  REALTY INCOME CORP entered into Term Loan Agreement with the lenders party thereto, Toronto Dominion (Texas) LLC, as Administrative Agent, and the other parties named therein valued at $90.0 million, £705.0 million, and €85,000,000 (effective 2023-01-06).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: the lenders party thereto, Toronto Dominion (Texas) LLC, as Administrative Agent, and the other parties named therein
  - Value: $90.0 million, £705.0 million, and €85,000,000
  - Effective: 2023-01-06
  source text: On January 6, 2023, Realty Income Corporation (the “Company”) entered into a Term Loan Agreement (the “Term Loan Agreement”), among the Company, as Borrower, the lenders party thereto, Toronto Dominion (Texas) LLC, as Administrative Agent, and the other parties named therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/726728/000110465923001852/0001104659-23-001852-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.