Realty Income to redeem all class F 6.625% preferred stock on April 6

By Wendy Van Sickle

Columbus, Ohio, March 7 – Realty Income Corp. plans to redeem all of its 16.35 million outstanding shares of 6.625% monthly income class F cumulative redeemable preferreds on April 6, according to an 8-K filing with the Securities and Exchange Commission.

The preferreds will be redeemed at $25 per share plus accrued dividends to the redemption date for a total of about $25.101215 per share.

Wells Fargo Shareowner Services is the redemption agent.

The real estate investment trust for retail and commercial properties is based in Escondido, Calif.

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