Moody's assigns Prime-2 rating to Realty Income's $1 billion commercial paper program; outlook stable
Rating Action: Moody's assigns Prime-2 rating to Realty Income's $1 billion commercial paper program; outlook stable. Global Credit Research- 21 Aug 2020. New York, August 21, 2020-- Moody's Investors Service has assigned a Prime-2 short-term rating to Realty Income Corporation's new $1 billion unsecured commercial paper program in the US.Realty Income is a real estate investment trust. The company invests in commercial real estate. The company owns a portfolio of properties located in various states, Puerto Rico and United Kingdom.
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