debt
confidence high
sentiment neutral
materiality 0.50
W. P. Carey issues $400M of 4.650% Senior Notes due 2030
W. P. Carey Inc.
- $400M aggregate principal, 4.650% rate, mature July 15, 2030.
- Interest payable semi-annually Jan 15 and Jul 15, starting Jan 15, 2026.
- Proceeds to repay indebtedness, including part of $2.0B revolving credit facility.
- Notes are unsecured, unsubordinated, rank equally with existing unsecured debt.
- Redeemable at make-whole price; after June 15, 2030 at 100% of principal.