Realty Income Announces Proposed Convertible Senior Notes Offering
Realty Income announced a proposed private offering of $750 million in convertible senior notes due 2031, with an option for initial purchasers to buy an additional $112.5 million. The notes are senior unsecured obligations, and the company plans to enter into capped call transactions to reduce potential dilution to common stock.
Key figures
- Deal Value Usd
- 750000000
- Greenshoe amount
- 112500000
AI analysis
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