Superior Stability and Dividend Growth
REALTY
Ample Liquidity and Low Borrowing Costs Support Enhanced Financial Flexibility
$1,632
$290
Liquidity
Debt Obligations through 2023(2)
Revolver
Availability
$1,480
(Net of $950mm
borrowings
under $1.0 billion
commercial
paper program)(1)
Excess
Liquidity,
$1,342
Cash & Equivalents
$152
Sources
Mortgages Payable, $290
Uses
Note: Values shown in millions.
Uses: Excludes interest expense, ground leases paid by Realty Income or our clients, and commitments under construction contracts.
(1) We use our revolving credit facility as a liquidity backstop for the repayment of the notes issued under our commercial paper program. The revolver has a $1 billion accordion feature, which is subject to obtaining lender commitments.
(2) Excluding revolver and commercial paper maturities.
INCOME
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