Realty Income Files 8-K Detailing Debt Offerings

TL;DR

Realty Income dropped a debt bomb on 11/7, listing notes due up to 2042.

AI Summary

Realty Income Corp. filed an 8-K on November 7, 2025, to report other events and financial statements. The filing lists various debt issuances, including notes with due dates ranging from 2027 to 2042 and interest rates from 1.125% to 6.000%. Specific details on the purpose or amounts of these debt issuances are not provided in this excerpt.

Why It Matters

This filing indicates Realty Income is actively managing its debt portfolio, which could impact its cost of capital and financial flexibility.

Risk Assessment

Risk Level: medium — The filing details multiple debt issuances, which can introduce financial risk if not managed effectively.

Key Numbers

• 2027-2042 — Debt Maturity Dates (Indicates a range of debt obligations over the next ~17 years.)
• 1.125%-6.000% — Interest Rates (Shows the varying costs of borrowing for different debt tranches.)

Key Players & Entities

• Realty Income Corp. (company) — Filer
• November 7, 2025 (date) — Filing Date
• 1.125% Due 2027 (dollar_amount) — Debt Instrument
• 6.000% Due 2039 (dollar_amount) — Debt Instrument

FAQ

Key Financial Figures

• $0.01 — e On Which Registered Common Stock, $0.01 Par Value O New York Stock Exchange

Filing Documents

• tm2529877d2_8k.htm (8-K) — 64KB
• tm2529877d2_ex1-1.htm (EX-1.1) — 799KB
• tm2529877d2_ex5-1.htm (EX-5.1) — 23KB
• tm2529877d2_ex5-1img01.jpg (GRAPHIC) — 5KB
• tm2529877d2_ex5-1img02.jpg (GRAPHIC) — 5KB
• 0001104659-25-108174.txt ( ) — 1331KB
• o-20251107.xsd (EX-101.SCH) — 6KB
• o-20251107_def.xml (EX-101.DEF) — 31KB
• o-20251107_lab.xml (EX-101.LAB) — 42KB
• o-20251107_pre.xml (EX-101.PRE) — 29KB
• tm2529877d2_8k_htm.xml (XML) — 17KB

01 Other Events

Item 8.01 Other Events. On November 7, 2025, Realty Income Corporation (the "Company") entered into a sales agreement (the "Sales Agreement") with Robert W. Baird & Co. Incorporated, Barclays Capital Inc., BBVA Securities Inc., BMO Capital Markets Corp., BNP Paribas Securities Corp., BNY Mellon Capital Markets, LLC, BofA Securities, Inc., BTIG, LLC, Citigroup Global Markets Inc., Citizens JMP Securities, LLC, Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, Jefferies LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Regions Securities LLC, Santander US Capital Markets LLC, Scotia Capital (USA) Inc., Stifel, Nicolaus & Company, Incorporated, TD Securities (USA) LLC, Truist Securities, Inc., UBS Securities LLC and Wells Fargo Securities, LLC (each, an "Agent" and together, the Agents''), the Forward Sellers (as defined below) and the Forward Purchasers (as defined below) providing for the offer and sale of up to 150,000,000 shares of the Company's common stock, par value $0.01 per share, from time to time (a) by the Company through the Agents, acting as the Company's sales agents, or directly to one or more of the Agents, acting as principal, and (b) by the Forward Sellers, acting as sales agents for the relevant Forward Purchasers. Sales of shares of the Company's common stock, if any, as contemplated by the Sales Agreement made through the Agents, as the Company's sales agents, or the Forward Sellers on behalf of the Forward Purchasers will be made by means of ordinary brokers' transactions on the New York Stock Exchange or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, by privately negotiated transactions (including block sales) or by any other methods permitted by applicable law. The Sales Agreement contemplates that, in addition to the issuance and sale by the Company of shares of the Company's common stock to

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 1.1 Sales Agreement, dated November 7, 2025, by and among the Company, the Agents, the Forward Sellers and the Forward Purchasers (including the forms of Terms Agreement and Forward Sale Agreement) 5.1 Opinion of Venable LLP 23.1 Consent of Venable LLP (contained in the opinion filed as Exhibit 5.1 hereto) 104 The Form 8-K cover page, formatted in Inline Extensible Business Reporting Language and included as Exhibit 101 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: November 7, 2025 REALTY INCOME CORPORATION By: /s/ BIANCA MARTINEZ Bianca Martinez Senior Vice President, Associate General Counsel and Assistant Secretary