Realty Income (O) Prices Upsized 8M Share Offering at $64.88/sh

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Go back to Realty Income (O) Prices Upsized 8M Share Offering at $64.88/sh

Realty Income Announces Pricing Of Upsized 8.0 Million Share Common Stock Offering

June 30, 2021 10:02 PM EDT

SAN DIEGO, June 30, 2021 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of an underwritten public offering of 8,000,000 shares of the company's common stock for expected gross proceeds of approximately $519 million. The offering is expected to close on July 6, 2021. The underwriters of the offering have been granted a 30-day option to purchase up to 1,200,000 additional shares of common stock. The joint book-running managers for the offering are Wells Fargo Securities and Morgan Stanley.

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