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Realty Income amends $3B credit facility

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Realty Income amends $3B credit facility

Realty Income Corp. amended its $3.0 billion credit facility, splitting it into two multicurrency revolving facility tranches.

The single-tenant retail real estate investment trust is allowed to borrow in as many as six currencies under a $2.7 billion tranche and up to 14 currencies under the $300 million tranche. Both tranches permit borrowings in U.S. dollars.

Wells Fargo Bank NA is the facility's administrative agent.