Realty Income Corporation (NYSE: O) has priced a public offering of €600 million in senior unsecured notes carrying a 3.625% interest rate, due July 30, 2032, according to a press release from the company.

The notes were priced at 99.518% of the principal amount, resulting in an effective annual yield to maturity of 3.716%. The offering is expected to close on July 7, 2026, subject to customary closing conditions.

The company said net proceeds will be used for general corporate purposes, which may include repayment or repurchase of existing debt, borrowings under revolving credit facilities and commercial paper programs, foreign currency swaps or other hedging instruments, and the development, redevelopment, and acquisition of properties.

Barclays, BNP Paribas, RBC Capital Markets, Santander, and Wells Fargo Securities are serving as joint book-running managers for the offering.

Realty Income is an S&P 500 real estate investment trust with a portfolio of over 15,500 properties across all 50 U.S. states, the U.K., and eight other European countries, as of March 31, 2026.