W. P. Carey prices €1.0 billion of senior notes due 2031 and 2035
W. P. Carey Inc. priced a €1.0 billion offering of senior unsecured notes with a weighted-average coupon of 3.500% and a weighted-average term of 7.4 years, with settlement expected February 24, 2026. The company said it will use the proceeds to repay €500 million of 2.250% notes due April 2026 and for general corporate purposes, including repaying amounts outstanding under its revolving credit facility and term loan.
Key points
- Two tranches of €500 million each: 3.250% notes due 2031, offered at 99.249% of principal, and 3.750% notes due 2035, offered at 98.500% of principal
- Proceeds to repay all €500 million of 2.250% Senior Notes due April 2026, plus general corporate purposes and other debt repayment
- Expected settlement date February 24, 2026, subject to customary closing conditions
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.