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Fitch Affirms Realty Income's IDR at 'BBB+'; Rates $250MM Term Loan

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings of Realty Income Corporation with the IDR at 'BBB+'. Fitch has also assigned a 'BBB+' rating to the $250 million unsecured term loan due 2020. KEY RATING DRIVERS The affirmation of Realty Income's IDR at 'BBB+' reflects the granularity of its predominantly retail net lease portfolio, its disciplined acquisition strategy and management track record. Credit strengths include strong fixed-charge coverage (FCC), ample liquidity, and

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