debt
confidence high
sentiment neutral
materiality 0.60
W. P. Carey issues €600M 3.700% Senior Notes due 2034
W. P. Carey Inc.
- Issued €600M aggregate principal of 3.700% Senior Notes due Nov 19, 2034.
- Net proceeds to repay $450M 4.00% notes due Feb 2025 and for general corporate purposes.
- Notes are unsecured, unsubordinated, rank equally with existing unsecured debt.
- Interest payable annually on Nov 19, commencing Nov 19, 2025.
- Make-whole redemption before Aug 19, 2034; thereafter at par.