Press Release Details

Mar 09, 2011

Realty Income Announces Pricing of 7.5 Million Share Common Stock Offering to Fund Property Acquisitions

ESCONDIDO, CALIFORNIA, March 9, 2011. Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYSE: O), today announced that a public offering of 7,500,000 shares of the Company’s common stock has been priced at $34.81 per share and is expected to close on March 14, 2011. Net proceeds from the offering, after underwriting discounts and estimated offering expenses payable by the Company, will be approximately $248.3 million. The offering was upsized from an original amount of 6,000,000 shares to the final offering size of 7,500,000 shares. The Company has also granted the underwriters a 30-day option to purchase up to 1,125,000 additional shares of common stock to cover overallotments, if any.

(Pricing delayed 20 minutes)