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Realty Income Corporation just filed a prospectus, suggesting it plans to soon issue some securities

Realty Income Corporation just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

We estimate that the net proceeds from the sale of common stock offered by this prospectus supplement will be approximately $449.6 million, or approximately $517.0 million if the underwriters' option to purchase additional shares from us in this offering is exercised in full, in each case after deducting the underwriting discount and estimated expenses payable by us.

We intend to use the net proceeds from this sale of common stock to repay a portion of the borrowings under our $2.0 billion revolving credit facility and for other general corporate purposes and working capital, which may include acquisitions. At September 30...


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