Financing ·
W. P. Carey Inc. completed a public offering of $350 million in 5.200% Senior Notes due 2036 on July 2, 2026
WPCW. P. Carey Inc.
W. P. Carey Inc. completed a public offering of $350 million in 5.200% Senior Notes due 2036 on July 2, 2026. The company intends to utilize the net proceeds to repay $350 million of its 4.250% Senior Notes due October 2026 and for general corporate purposes, including funding future investments and repaying portions of its $2.0 billion unsecured revolving credit facility. Interest on the new notes is payable semi-annually on March 15 and September 15, starting March 15, 2027. The notes are direct, unsecured, and unsubordinated obligations. W. P. Carey Inc. is a real estate investment company.