Realty Income Recasts and Expands Revolving Credit Facilities to $5.5 Billion and Commercial Paper Programs to $5.5 Billion
Realty Income has expanded its unsecured revolving credit facilities to $5.5 billion from $4.0 billion and upsized its global commercial paper programs to $5.5 billion. The new credit facilities carry an all-in drawn rate of 80 basis points over SOFR, a reduction of 5 basis points from the prior facilities, and include an accordion feature to increase capacity to $6.5 billion.
Key figures
- Commitment fee
- 12.5 basis points
- All in drawn rate
- 80 basis points over SOFR
- Prior revolving capacity
- $4.0 billion
- Accordion expansion limit
- $6.5 billion
- Commercial paper capacity
- $5.5 billion
- Revolving credit capacity
- $5.5 billion
- Prior commercial paper capacity
- $3.0 billion
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.