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Realty Income Announces Underwriters Exercise Full Option On Common Stock Offering

May 17, 2019 - PR Newswire

PR Newswire

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that the underwriters of its recent 11,000,000 share common stock offering exercised their option to purchase an additional 1,650,000 shares of common stock. As a result, net proceeds from the 12,650,000 share offering, after underwriting discounts and estimated offering expenses payable by the company, are approximately $845 million.

The company intends to use the net pro...