---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-041299"
form_type: "8-K"
ticker: "O"
cik: "0000726728"
company_name: "REALTY INCOME CORP"
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T04:24:36.848649+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Realty Income enters $4B unsecured multicurrency credit facilities and new fund credit facility of up to $1.38B

## Summary
- Fourth A&R Credit Agreement provides $4.0B in unsecured multicurrency revolving credit: $2.0B two-year and $2.0B four-year tranches, each with two six-month extensions.
- Accordion feature allows aggregate capacity to increase up to $5.0B.
- Fund Credit Agreement provides $1.0B revolving credit facility and $380M delayed draw term loan, with accordion up to $2.0B.
- Applicable margin currently 0.725% p.a. and commitment fee 0.125% p.a. based on investment grade ratings; borrowings use SONIA, EURIBOR, SOFR, and other benchmarks.
- Fund facilities initially guaranteed by Realty Income; guaranty may be released upon admission of third-party investors to the fund.

## SEC filing metadata
- accession: 0001104659-25-041299
- form_type: 8-K
- ticker: O
- cik: 0000726728
- company_name: REALTY INCOME CORP
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/726728/000110465925041299/0001104659-25-041299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726728/000110465925041299/tm2513380d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-041299
- JSON: https://secwatch.observer/filing/0001104659-25-041299.json
- Plain text: https://secwatch.observer/filing/0001104659-25-041299.txt

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