The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock List

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Wed., Oct. 7, 8:24 AM

Slide #5. Realty Income Corporation Secondary Offering

Company: Realty Income Corporation (NYSE:O)
Date announced: 10/1/2015
Shares Offered: 10,000,000
Date of Pricing: 10/1/2015
Price Per Share: $46.88
Secondary Offering Details: Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, announced today that it has commenced an underwritten public offering of 10,000,000 shares of common stock. The company also plans to grant the underwriters a 30-day option to purchase up to 1,500,000 additional shares of common stock. The underwriters for the offering are: BofA Merrill Lynch, Morgan Stanley, Wells Fargo Securities, RBC Capital Markets, LLC, Barclays Capital Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, and UBS Investment Bank (joint book-running managers), Robert W. Baird & Co. Incorporated, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Jefferies LLC, Mizuho Securities, Raymond James & Associates, Inc., and Stifel, Nicolaus & Company, Incorporated (co-lead managers), BB&T Capital Markets (senior co-manager), and BNY Mellon Capital Markets, LLC, Comerica Securities, Inc., Mitsubishi UFJ Securities (USA), Inc., Moelis & Company, Piper Jaffray & Co., and Ramirez & Co., Inc. (co-managers). -updated 10/1 - Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that a public offering of 10,000,000 shares of the company's common stock has been priced at a public offering price of $46.88 per share, and is expected to close October 7, 2015. Net proceeds from the offering, after underwriting discounts, will be approximately $450 million. The company has also granted the underwriters a 30-day option to purchase up to 1,500,000 additional shares of common stock.

Realty Income is a real estate investment trust that invests in commercial real estate. Co. primarily acquires freestanding, single-tenant properties under long-term leases. In addition, Co. acquires portfolios of properties net leased to multiple tenants in a variety of industries. As of Dec. 31, 2014, Co. owned 4,327 properties, located in 49 states and Puerto Rico, containing over 70.7 million square foot of leasable space. Of the 4,327 properties in the portfolio, 99.6% are single-tenant properties, and the remaining are multi-tenant properties.

Preferreds: O.PRE, O.PRF

Open the O Page at The Online Investor »

Company Name:  Realty Income Corp.
Sector:  REITs
Number of ETFs Holding O:  70
Total Market Value Held by ETFs:  $888.48M
Total Market Capitalization:  $10.80B
% of Market Cap. Held by ETFs:  8.22%

Open the O Page at The Online Investor (in a new window) »

October 7, 2015    8:24 AM Eastern
Quotes delayed 20 minutes

Hold (2.05 out of 4)
4th percentile
(ranked lower than approx. 96% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | | Copyright © 1998 - 2015, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.