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Published on 12/15/2017 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Realty Income redeems all $550 million of its 6.75% notes due 2019

By Sarah Lizee

Olympia, Wash., Dec. 15 – Realty Income Corp. redeemed all $550 million of its outstanding 6.75% notes due Aug. 15, 2019, according to a press release.

The redemption price was $1,098.22 per $1,000 principal amount, which includes a make-whole premium and accrued interest.

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


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