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Realty Income Closes Stock Offering, Pays Down Debt

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Realty Income closed a public offering today and raised $100 million in the process. It will use the proceeds to pay down debt.

A lot of the public retail REITs in recent weeks have employed a variety of options to pay down debt. As far as I can tell, most have succeeded.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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