Realty Income Corporation entered into that certain First Amendment to its Second Amended and Restated Credit Agreement with Wells Fargo Bank, N.A., as Administrative Agent (as amended, the “Credit Agreement”). The Amendment, among other things, changes the benchmark rate under the Credit Agreement for borrowings denominated in U.S. and foreign currencies from LIBOR to certain alternative benchmark rates, including, among others, benchmark rates based on SONIA (the Sterling Overnight Index Average) for borrowings denominated in Sterling, EURIBOR for borrowings denominated in Euros, and, following the USD LIBOR Transition Date (as defined in the Credit Agreement), SOFR (the secured overnight financing rate as administered by the Federal Reserve Bank of New York) for borrowings denominated in U.S. Dollars, in each case, subject to certain adjustments specified in the Credit Agreement, and updates certain other provisions regarding successor interest rates to LIBOR.