W. P. Carey entered into an Underwriting Agreement for a public offering of $350 million aggregate principal amount of 5.200% Senior Notes due 2036. The offering, led by Wells Fargo Securities, RBC Capital Markets and U.S. Bancorp Investments as representatives of the underwriters, is expected to settle on July 2, 2026. Net proceeds will be used to repay the company’s $350 million 4.250% Senior Notes due October 2026 and for general corporate purposes, including funding investments and paying down its unsecured revolving credit facility.
Agreement details:
- Agreement type: Underwriting Agreement for $350 million 5.200% Senior Notes due 2036
- Counterparty: Wells Fargo Securities, RBC Capital Markets, U.S. Bancorp Investments, as representatives of the underwriters
- Signed / Effective: Jun 29 2026 / same
- Duration / Termination: N/A
- Reason: Refinance 2026 notes and bolster corporate liquidity
Original SEC Filing:
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