Realty Income to redeem all $250 million 5.75% notes due 2021

By Wendy Van Sickle

Columbus, Ohio, Dec. 11 – Realty Income Corp. will redeem all $250 million of its outstanding 5.75% notes due Jan. 15, 2021 on Jan. 10, according to a press release.

The redemption price is expected to be $1,065.79 per $1,000 principal amount, which includes a make-whole premium of $37.84 and accrued interest of $27.95. The final redemption price will be calculated on Jan. 7.

The real estate investment trust for retail and commercial properties is based in Escondido, Calif.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.