debt
confidence high
sentiment neutral
materiality 0.55
W. P. Carey issues $400M of 5.375% Senior Notes due 2034
W. P. Carey Inc.
- $400M aggregate principal of 5.375% Senior Notes due 2034 issued via underwritten public offering.
- Underwriters include BofA Securities, J.P. Morgan, PNC Capital Markets, U.S. Bancorp.
- Expected settlement on June 28, 2024, subject to customary closing conditions.
- Net proceeds for general corporate purposes, including investments, acquisitions, and debt repayment.