trending Market Intelligence /marketintelligence/en/news-insights/trending/nggmee1gosam8rmtxzachq2 content esgSubNav
In This List

W. P. Carey prices €500M senior notes offering

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


W. P. Carey prices €500M senior notes offering

W. P. Carey Inc. priced an underwritten public offering of €500 million of 2.125% senior notes due Feb. 15, 2027.

The notes will be issued by the company's indirectly wholly owned WPC Eurobond BV subsidiary at 99.324% of the principal amount. Interest on the debt will be paid annually April 15 of each year, starting April 15.

The diversified real estate investment trust plans to use the net proceeds from the offering, expected to close March 6, for general business purposes.

Merrill Lynch International, Barclays Bank PLC and Wells Fargo Securities International Ltd. served as the joint book-running managers for the offering.