W. P. Carey prices senior notes offering; $350M net proceeds to repay maturing 2026 debt

Filed June 29, 2026 · ~1 min read

Key Changes

• high

  W. P. Carey is offering senior notes with terms (principal amount, interest rate, maturity) to be finalized at pricing. The notes will bear interest from July 2026, payable semi-annually.

  The Offering verify on EDGAR →
• high

  Net proceeds of $350M will repay the company's $350M of 4.25% senior notes maturing October 2026, with any remainder for general corporate purposes including potential investments and revolving credit repayment.

  Use of Proceeds verify on EDGAR →
• medium

  As of March 31, 2026, W. P. Carey had $8.8 billion in consolidated debt (net of deferred costs), representing 41.1% of Total Asset Value, well below the 60% covenant limit.

  Use of Proceeds verify on EDGAR →