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W. P. Carey Prices Offering of 1 Billion Euros of Senior Notes

BY MT Newswires | CORPORATE | 02/12/26 05:44 PM EST

05:44 PM EST, 02/12/2026 (MT Newswires) -- W. P. Carey (WPC) said late Thursday it has priced an underwritten public offering of 1 billion euros ($1.19 billion) of senior unsecured notes with a weighted-average coupon of 3.500% and a weighted-average term of 7.4 years.

The notes consist of 500 million euros of 3.250% senior notes due 2031 and 500 million euros of 3.750% senior notes due 2035, the company said.

The offering of the notes is expected to settle on Feb. 24, 2026, subject to customary closing conditions, the company added.

W. P. Carey (WPC) said it plans to use the net proceeds from the offering to repay in full the 500 million euros of its 2.250% senior notes due April 2026 and for general corporate purposes.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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