secwatch.observer — SEC 8-K summary
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Issuer:     REALTY INCOME CORP (O)
CIK:        0000726728
Form:       8-K
Filed at:   2026-08-11T20:40:21+00:00
Accession:  0001104659-26-094098
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Realty Income announces $750M convertible notes offering; Q2 invested $2.6B
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- Offering $750M convertible senior notes due 2031; initial purchasers option for additional $112.5M.
- Proceeds used for capped call transactions, concurrent share repurchases, and general corporate purposes.
- Q2 2026 investments: ~$2.6B total, $2.1B pro-rata, at initial weighted avg cash yield ~7.3%.
- Capped call transactions expected to reduce potential dilution from conversion of notes.
- Notes are senior unsecured; conversion settled in cash up to principal, excess in stock/cash at company's election.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726728/000110465926094098/0001104659-26-094098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726728/000110465926094098/tm2622133d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-094098

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