TEXT-S&P: Realty Income Corp ratings unaffected by amended terms
January 09, 2013 at 12:21 PM EST
Jan 9 - Standard & Poor's Ratings Services today stated that its ratings on Realty Income Corp. remain unaffected by the company's and American Realty Capital Trust (ARCT; 'BB/Watch Pos') Inc.'s recent announcement that they have amended the terms of their merger agreement. The amended terms include a higher cash payment ($55.5 million, $52.5 million of which Realty Income will fund) upon closing, which we view as not material given the roughly $3 billion total transaction value. Realty Income a