UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01. Entry into a Material Definitive Agreement.
On May 16, 2024, W. P. Carey Inc. (the “Company”) consummated the public offering (the “Offering”) of €650 million aggregate principal amount of 4.250% Senior Notes due 2032 (the “Senior Notes”). The Offering settled on May 16, 2024 and was made pursuant to (i) the Company’s automatic shelf registration statement on Form S-3 (File No. 333-264613), filed with the Securities and Exchange Commission on May 2, 2022; and (ii) a final prospectus supplement relating to the Senior Notes, dated as of May 9, 2024. The Company intends to use the net proceeds from this Offering for general corporate purposes and to repay indebtedness including repayment of amounts outstanding under its $2.0 billion unsecured revolving credit facility and the €500 million aggregate principal outstanding of 2.25% Senior Notes due July 2024.
The foregoing description of the Senior Notes in this Current Report on Form 8-K does not purport to be complete, and is qualified in its entirety by reference to Exhibit 4.1 to this Current Report on Form 8-K , which is incorporated herein by reference.
Ninth Supplemental Indenture
The terms of the Senior Notes are governed by an indenture, dated as of March 14, 2014 (the “Base Indenture”), by and between the Company, as issuer, and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank, National Association, as trustee (the “Trustee”), as supplemented by the Ninth Supplemental Indenture dated as of May 16, 2024 (the “Ninth Supplemental Indenture”), by and between the Company and the Trustee.
The foregoing descriptions of the Base Indenture and the Ninth Supplemental Indenture in this Current Report on Form 8-K do not purport to be complete, and are qualified in their entirety by reference to Exhibits 4.2 and 4.3, respectively, to this Current Report on Form 8-K, which are incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: May 16, 2024 | W. P. Carey Inc. | |
| By: | /s/ ToniAnn Sanzone | |
| ToniAnn Sanzone | ||
| Chief Financial Officer | ||