secwatch.observer — SEC 8-K summary
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Issuer:     REALTY INCOME CORP (O)
CIK:        0000726728
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001104659-25-041299
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726728/000110465925041299/0001104659-25-041299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726728/000110465925041299/tm2513380d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-041299

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer