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W. P. Carey wraps up €500M debt offering

W. P. Carey Inc. closed a €500 million public offering of 1.350% senior notes due 2028.

The company aims to use the net proceeds for general corporate purposes, to repay debt and to finance potential future acquisitions.

The notes were issued by WPC Eurobond BV, a unit of the diversified net-lease real estate investment trust.

U.S. Bank NA was the trustee for the notes.