secwatch.observer — SEC 8-K summary
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Issuer:     REALTY INCOME CORP (O)
CIK:        0000726728
Form:       8-K
Filed at:   2026-01-08T23:59:59+00:00
Accession:  0001104659-26-002136
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Realty Income closes $862.5M 3.5% convertible note offering due 2029; repurchases $101.9M in stock
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- Issued $862.5M aggregate principal of 3.5% convertible senior notes maturing Jan 15, 2029; initial conversion price $69.42/share.
- Net proceeds of $845.5M after discounts; includes full exercise of $112.5M initial purchasers' option.
- Plans to use majority of proceeds for general corporate purposes, including repayment of $500M 5.05% notes due Jan 13, 2026.
- Concurrently repurchased ~1.8M shares for $101.9M in privately negotiated transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726728/000110465926002136/0001104659-26-002136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726728/000110465926002136/tm262509d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-002136

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