---
schema_version: "secwatch.filing_event.v1"
accession: "0001025378-23-000116"
form_type: "8-K"
ticker: "WPC"
cik: "0001025378"
company_name: "W. P. Carey Inc."
filed_at: "2023-12-18T23:59:59+00:00"
generated_at: "2026-06-07T11:05:12.574871+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# W.P. Carey upsizes revolver to $2.0B, extends maturities to 2028-2029

## Summary
- Revolver upsized from $1.8B to $2.0B; maturity extended four years to Feb 14, 2029.
- Existing €215M and £270M term loans extended three years to Feb 14, 2028, with extension options.
- Accordion feature permits total Facilities increase to $4.35B, subject to lender commitments.
- Interest rate on revolver: 77.5 bps over SOFR; term loans: 85.0 bps over EURIBOR/SONIA (based on BBB+/Baa1).
- 16 lenders participate; JPMorgan Chase is Administrative Agent.

## SEC filing metadata
- accession: 0001025378-23-000116
- form_type: 8-K
- ticker: WPC
- cik: 0001025378
- company_name: W. P. Carey Inc.
- filed_at: 2023-12-18T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025378/000102537823000116/0001025378-23-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025378/000102537823000116/wpc-20231214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001025378-23-000116
- JSON: https://secwatch.observer/filing/0001025378-23-000116.json
- Plain text: https://secwatch.observer/filing/0001025378-23-000116.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.