---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-030634"
form_type: "8-K"
ticker: "WPC"
cik: "0001025378"
company_name: "W. P. Carey Inc."
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T00:17:04.624299+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# W. P. Carey extends €500M term loan maturity to 2029, adds lower pricing tier

## Summary
- Extended €500M Euro Tranche 2 Term Loan maturity by 3 years to April 24, 2029, with optional extension options.
- Added new pricing level for A/A2 unsecured debt rating; EURIBOR margin now 0.700%-1.650%.
- Eliminated 10 bps credit spread adjustment on SOFR-based USD borrowings and ~30 bps on CORRA-based CAD borrowings.
- Facility unchanged: $2.0B revolver, £270M term, €215M term, €500M term; 14 lenders participated.
- Financial maintenance covenants unchanged; amendment effective March 31, 2025.

## SEC filing metadata
- accession: 0001104659-25-030634
- form_type: 8-K
- ticker: WPC
- cik: 0001025378
- company_name: W. P. Carey Inc.
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025378/000110465925030634/0001104659-25-030634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025378/000110465925030634/tm2511023d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-030634
- JSON: https://secwatch.observer/filing/0001104659-25-030634.json
- Plain text: https://secwatch.observer/filing/0001104659-25-030634.txt

## Key facts
- Debt Financings
  W. P. Carey Inc. amended credit facility with JPMorgan Chase Bank, N.A. at EURIBOR plus an applicable margin ranging from 0.700% to 1.650% maturing April 24, 2029.
  - Instrument: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: EURIBOR plus an applicable margin ranging from 0.700% to 1.650%
  - Maturity: April 24, 2029
  - Event: amendment
  source text: (ii) add a lower pricing level to the pricing grid for all loans under the Facilities in the event that the Company attains an A/A2 unsecured debt rating, which in the case of the Euro Tranche 2 Term Loan now results in an interest rate equal to EURIBOR plus an applicable margin ranging from 0.700% to 1.650%, depending on the adjustments provided for in the Existing Credit Facility (currently 0.800%), and (iii) remove both the incremental ten (10) basis point credit spread adjustment applicable to US dollar borrowings under the Facilities that utilize a SOFR-based interest rate as well as the incremental spread adjustments of approximately 30 basis points applicable to certain Canadian dollar borrowings under the Facilities that utilize a CORRA-based interest rate.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025378/000110465925030634/0001104659-25-030634-index.htm

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