secwatch.observer — SEC 8-K summary
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Issuer:     W. P. Carey Inc. (WPC)
CIK:        0001025378
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001104659-24-117731
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

W. P. Carey prices €600M 3.700% Senior Notes due 2034, proceeds for corp purposes & debt repayment
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- €600M aggregate principal at 98.880% of face, 3.700% interest, maturing 2034.
- Offering expected to settle Nov 19, 2024; annual interest payments begin Nov 19, 2025.
- Proceeds to fund potential investments and repay $450M 4.00% Notes due Feb 2025 and revolver balance.
- Barclays, BNP Paribas, J.P. Morgan, BMO acted as joint book-running managers.
- Notes to be listed on Euronext Dublin (Global Exchange Market), subject to approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025378/000110465924117731/0001104659-24-117731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025378/000110465924117731/tm2428294d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-117731

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer