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0 -0.000174550532379213 0.000872752661895569 0.000174550532379089 0.000174550532379089 -0.000349101064758302 0.000174550532379089 0.00279280851806592
Stock impact report

Realty Income Announces £900 Million Sterling-Denominated Term Loan [Yahoo! Finance]

Realty Income Corporation (O) 
Last realty income corporation earnings: 2/19 04:05 pm Check Earnings Report
US:NYSE Investor Relations: realtyincome.com/investors/default.aspx
Company Research Source: Yahoo! Finance
announced that it has closed on a £900 million Sterling-denominated unsecured term loan. The loan initially matures in January 2028, before giving effect to one twelve-month extension option. Proceeds from the loan will be used to repay outstanding Sterling-denominated borrowings on our $4.0 billion multicurrency revolving credit facility, effectively pre-funding the refinancing of our January 2026 multi-currency term loan, which includes a £705 million Sterling-denominated tranche. Realty Income Corporation - The Monthly Dividend Company. (PRNewsFoto/Realty Income Corporation) (PRNewsfoto/Realty Income Corporation) Pursuant to the terms of the loan, Realty Income's current A3/A- credit ratings provide for a borrowing rate of 80 basis points over the Sterling Overnight Index Average (SONIA) rate. In conjunction with closing, Realty Income executed two-year variable-to-fixed interest rate swaps, which fix the weighted average per annum interest rate at 4.3% over the initial term. Show less Read more
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