REALTY INCOME CORPORATION (NYSE:O) Files An 8-K Other Events
ME Staff 8-k
REALTY INCOME CORPORATION (NYSE:O) Files An 8-K Other EventsItem 8.01 Other Events
On March 7, 2017, Realty Income Corporation issued a press release announcing that it intends to redeem all 16,350,000 shares outstanding of its 6.625% Monthly Income Class F Cumulative Redeemable Preferred Stock (NYSE OprF; CUSIP No. 756109-807) (the “Class F Preferred Stock”) on April 6, 2017 (the “Redemption Date”). The shares of Class F Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus accrued and unpaid dividends up to the Redemption Date in an amount equal to approximately $0.101215 per share, for a total payment of approximately $25.101215 per share.
A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release dated March 7, 2017
About REALTY INCOME CORPORATION (NYSE:O) Realty Income Corporation is a real estate investment trust (REIT). The Company is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. Its portfolio includes approximately 4,540 properties, of which over 4,519 are single-tenant properties, and the remaining are multi-tenant properties. The Company has over 280 lease expirations and re-leased approximately 250 properties. It sold over 30 vacant properties. The Company has grouped its tenants into 48 activity segments, including Apparel, Automotive tire services, Beverages, Child care, Convenience stores, Dollar stores, Drug stores, Financial services, Food processing, Grocery stores, Health and fitness, Health care, Home improvement, Restaurants-casual dining, Restaurants-quick service, Sporting goods, Theaters, Transportation services, Wholesale club and 30 other non-reportable segments. REALTY INCOME CORPORATION (NYSE:O) Recent Trading Information REALTY INCOME CORPORATION (NYSE:O) closed its last trading session up +0.17 at 59.84 with 2,482,838 shares trading hands.