Realty Income Corporation has closed on an amended $4.25 billion multicurrency unsecured revolving credit facility, which replaces the company's existing $3.0 billion unsecured revolving credit facility. The capacity of the revolving credit facility can be increased to $5.25 billion with an accordion expansion feature, which is subject to obtaining lender commitments. The revolving credit facility initially matures in June 2026 and includes two six-month extensions that can be exercised at the company's option.

Pursuant to the terms of the revolving credit facility, the company's current A3/A- credit ratings provide for a borrowing rate of 72.5 basis points over an adjusted SOFR rate, with a facility commitment fee of 12.5 basis points, for all-in drawn pricing of 85 basis points over the adjusted SOFR rate. A total of 25 lenders are participating in the revolving credit facility, including Wells Fargo Bank, National Association, as the Administrative Agent. Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Mizuho Bank Ltd. and TD Bank, N.A. are serving as Joint Bookrunners.

Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Mizuho Bank Ltd., TD Bank, N.A., BofA Securities Inc. and Regions Capital Markets are serving as Joint Lead Arrangers. JPMorgan Chase Bank, N.A., Mizuho Bank Ltd. and TD Bank, N.A. are serving as Syndication Agents. Bank of America, N.A., Regions Bank, BNP Paribas SA, U.S. Bank National Association, The Bank of Nova Scotia and Royal Bank of Canada are serving as Documentation Agents.

Other participants in the new credit facility include Barclays Bank PLC, Citibank, N.A., Goldman Sachs Bank USA, Morgan Stanley Bank, N.A, PNC Bank, BBVA, S.A., BMO Harris Bank, N.A., Bank of New York Mellon, Citizens Bank, Credit Suisse AG, Huntington Bancshares Inc., Truist Bank, UBS AG, Associated Bank, and Comerica Bank.