{"filing":{"accession_number":"0001104659-26-083103","cik":"0000726728","ticker":"O","company_name":"REALTY INCOME CORP","form":"8-K","filing_date":"2026-07-13","report_date":null,"primary_document":"tm2619513d3_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/726728/000110465926083103/tm2619513d3_8k.htm"},"events":[{"id":17595,"run_id":15762,"accession_number":"0001104659-26-083103","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Realty Income entered into a Fifth Amended and Restated Credit Agreement on July 10, 2026, increasing unsecured multicurrency revolving credit capacity from $4.0 billion to $5.5 billion (with accordion expansion to $6.5 billion) and establishing two tranches with staggered maturity dates (April 2029 and July 2030). Simultaneously, the company expanded its unsecured commercial paper programs from $3.0 billion to $5.5 billion combined ($2.75 billion U.S. Notes and $2.75 billion Euro Notes), materially enhancing its borrowing capacity and financial flexibility.","company_name":"REALTY INCOME CORP","ticker":"O","filing_date":"2026-07-13","form":"8-K","submitted_at":null,"items":[{"id":16129,"accession_number":"0001104659-26-083103","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Realty Income entered into a Fifth Amended and Restated Credit Agreement on July 10, 2026, which amends and restates the prior credit facility. The agreement increases the unsecured multicurrency revolving credit capacity from $4.0 billion to $5.5 billion (with accordion expansion to $6.5 billion), establishes two $2.75 billion tranches with staggered maturity dates (April 2029 and July 2030), and adds two wholly-owned subsidiaries as joint borrowers. This represents a material creation and restructuring of direct financial obligations, fitting the debt_issuance category as it involves entry into a new credit facility arrangement with updated terms and expanded capacity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-13T20:11:58.738898+00:00","company_name":"","ticker":null,"filing_date":""},{"id":16130,"accession_number":"0001104659-26-083103","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 1.02 discloses termination of the Prior Credit Agreement, which is incorporated by reference from Item 1.01. The supplemental exhibit reveals that Realty Income has closed on a recast and expansion of its revolving credit facilities from $4.0 billion to $5.5 billion and expanded commercial paper programs from $3.0 billion to $5.5 billion. While Item 1.02 technically addresses termination of the old agreement, the material event is the creation of new credit facilities and expanded borrowing capacity, which constitutes a material amendment to the registrant's direct financial obligations and liquidity arrangements.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-13T20:11:58.738898+00:00","company_name":"","ticker":null,"filing_date":""},{"id":16131,"accession_number":"0001104659-26-083103","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Realty Income closed on the recast and expansion of its revolving credit facilities from $4.0 billion to $5.5 billion and expanded commercial paper programs from $3.0 billion to $5.5 billion. This represents the creation of new direct financial obligations through expanded credit facilities and commercial paper programs, which are debt instruments. The filing explicitly states these are unsecured borrowing arrangements with defined terms (SOFR-based pricing, maturity dates, lender commitments), making this a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-13T20:11:58.738898+00:00","company_name":"","ticker":null,"filing_date":""},{"id":16132,"accession_number":"0001104659-26-083103","item_number":"8.01","item_title":"Other Events.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Realty Income increased the maximum aggregate amount of its unsecured commercial paper programs from $3.0 billion to $5.5 billion combined ($2.75 billion U.S. Notes and $2.75 billion Euro Notes), and simultaneously expanded its revolving credit facilities from $4.0 billion to $5.5 billion. This represents a material expansion of the Company's debt capacity and liquidity infrastructure, with the CFO explicitly noting the increased borrowing capacity enhances financial flexibility. While the filing discloses the framework for future issuances rather than an immediate debt issuance, the expansion of commercial paper programs and credit facilities constitutes creation of new direct financial obligations available to the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-13T20:11:58.738898+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":16129,"accession_number":"0001104659-26-083103","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Realty Income entered into a Fifth Amended and Restated Credit Agreement on July 10, 2026, which amends and restates the prior credit facility. The agreement increases the unsecured multicurrency revolving credit capacity from $4.0 billion to $5.5 billion (with accordion expansion to $6.5 billion), establishes two $2.75 billion tranches with staggered maturity dates (April 2029 and July 2030), and adds two wholly-owned subsidiaries as joint borrowers. This represents a material creation and restructuring of direct financial obligations, fitting the debt_issuance category as it involves entry into a new credit facility arrangement with updated terms and expanded capacity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-13T20:11:58.738898+00:00","company_name":"REALTY INCOME CORP","ticker":"O","filing_date":"2026-07-13"},{"id":16130,"accession_number":"0001104659-26-083103","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 1.02 discloses termination of the Prior Credit Agreement, which is incorporated by reference from Item 1.01. The supplemental exhibit reveals that Realty Income has closed on a recast and expansion of its revolving credit facilities from $4.0 billion to $5.5 billion and expanded commercial paper programs from $3.0 billion to $5.5 billion. While Item 1.02 technically addresses termination of the old agreement, the material event is the creation of new credit facilities and expanded borrowing capacity, which constitutes a material amendment to the registrant's direct financial obligations and liquidity arrangements.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-13T20:11:58.738898+00:00","company_name":"REALTY INCOME CORP","ticker":"O","filing_date":"2026-07-13"},{"id":16131,"accession_number":"0001104659-26-083103","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Realty Income closed on the recast and expansion of its revolving credit facilities from $4.0 billion to $5.5 billion and expanded commercial paper programs from $3.0 billion to $5.5 billion. This represents the creation of new direct financial obligations through expanded credit facilities and commercial paper programs, which are debt instruments. The filing explicitly states these are unsecured borrowing arrangements with defined terms (SOFR-based pricing, maturity dates, lender commitments), making this a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-13T20:11:58.738898+00:00","company_name":"REALTY INCOME CORP","ticker":"O","filing_date":"2026-07-13"},{"id":16132,"accession_number":"0001104659-26-083103","item_number":"8.01","item_title":"Other Events.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Realty Income increased the maximum aggregate amount of its unsecured commercial paper programs from $3.0 billion to $5.5 billion combined ($2.75 billion U.S. Notes and $2.75 billion Euro Notes), and simultaneously expanded its revolving credit facilities from $4.0 billion to $5.5 billion. This represents a material expansion of the Company's debt capacity and liquidity infrastructure, with the CFO explicitly noting the increased borrowing capacity enhances financial flexibility. While the filing discloses the framework for future issuances rather than an immediate debt issuance, the expansion of commercial paper programs and credit facilities constitutes creation of new direct financial obligations available to the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-13T20:11:58.738898+00:00","company_name":"REALTY INCOME CORP","ticker":"O","filing_date":"2026-07-13"}]}