| Issuer / Guarantor | Realty Income Corp |
|---|---|
| Size | USD 862.5mn |
| Type | Convertible |
| Leads | Mizuho Securities, Morgan Stanley |
| Maturity | 15 Jan 2029 (3 years) |
| Coupon | 3.5% (3.25 - 3.75%) |
| Premium | 20% (17.5 - 22.5%) |
| Calls | None |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | Make-whole table |
| CoCo | 130% to Oct 2028 (2.8 yrs) |
| Announced | 05 Jan 2026 |