Filed Pursuant to Rule 424(b)(3)
File No. 333-185111
CORPORATE PROPERTY ASSOCIATES 18 GLOBAL INCORPORATED
Prospectus Supplement No. 1 Dated June 6, 2013
To Prospectus Dated May 7, 2013
This prospectus supplement (the "Prospectus Supplement") is part of, and should be read in conjunction with, the prospectus of Corporate Property Associates 18 Global Incorporated, dated May 7, 2013 (as amended or supplemented, the "Prospectus"). Unless the context indicates otherwise, the information contained in this Prospectus Supplement supersedes the information contained in the Prospectus. Terms used but not defined in the Prospectus Supplement shall have the meanings given to them in the Prospectus. A copy of the Prospectus will be provided by Corporate Property Associates 18 Global Incorporated upon request.
Suitability Standards |
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Prior Programs |
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The paragraph regarding the New York and North Carolina special suitability standards, as set forth in the "Suitability Standards" section on page 2 of our prospectus, is deleted in its entirety and replaced with the following:
New York imposes a higher minimum investment requirement than we require. In New York, individuals must invest at least $2,500 (not applicable to IRAs).
The paragraph and table in the "Prior Programs Information about Completed and Currently Operating CPA® Programs and CWI Distribution Coverage" section beginning on page 83 of our prospectus is superseded in its entirety by the following:
Distribution Coverage
The following chart summarizes information regarding the total distributions paid to common stockholders by the CPA® Programs and CWI and the percentage of these distributions that was covered by the net cash provided by operating activities as calculated in accordance with GAAP for the 10-year period from January 1, 2003 through December 31, 2012.
Percentage of Total Distributions Paid to Common Stockholders Covered by GAAP Cash Flow from Operating Activities
(Dollars in thousands) |
Total Distributions Paid(1) |
GAAP Cash Flow Provided by (Used In) Operating Activities(2) |
% Coverage |
|||||||
---|---|---|---|---|---|---|---|---|---|---|
2012 |
||||||||||
CPA®:17 Global |
$ | 147,649 | $ | 157,275 | 107 | % | ||||
CPA®:16 Global |
134,649 | 190,939 | 142 | % | ||||||
CPA®:15(3) |
47,921 | 76,476 | 160 | % | ||||||
CWI |
3,110 | (5,850 | ) | 0 | % |
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(Dollars in thousands) |
Total Distributions Paid(1) |
GAAP Cash Flow Provided by (Used In) Operating Activities(2) |
% Coverage |
|||||||
---|---|---|---|---|---|---|---|---|---|---|
2011 |
||||||||||
CPA®:17 Global |
$ | 102,503 | $ | 101,515 | 99 | % | ||||
CPA®:16 Global |
103,880 | 156,927 | 151 | % | ||||||
CPA®:15 |
94,272 | 163,566 | 174 | % | ||||||
CPA®:14(4) |
N/A | N/A | N/A | |||||||
CWI |
606 | (1091 | ) | 0 | % | |||||
2010 |
||||||||||
CPA®:17 Global |
$ | 60,937 | $ | 69,518 | 114 | % | ||||
CPA®:16 Global |
82,013 | 121,390 | 148 | % | ||||||
CPA®:15 |
91,743 | 168,725 | 184 | % | ||||||
CPA®:14 |
69,155 | 109,288 | 158 | % | ||||||
CWI(5) |
0 | (62 | ) | 0 | % | |||||
2009 |
||||||||||
CPA®:17 Global |
$ | 27,193 | $ | 35,348 | 130 | % | ||||
CPA®:16 Global |
80,778 | 116,625 | 144 | % | ||||||
CPA®:15 |
88,939 | 164,475 | 185 | % | ||||||
CPA®:14 |
68,832 | 87,900 | 128 | % | ||||||
2008 |
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CPA®:17 Global |
$ | 5,196 | $ | 4,443 | 86 | % | ||||
CPA®:16 Global |
79,011 | 117,435 | 149 | % | ||||||
CPA®:15 |
98,153 | 180,789 | 184 | % | ||||||
CPA®:14 |
68,851 | 110,697 | 161 | % | ||||||
2007 |
||||||||||
CPA®:17 Global(6) |
$ | 0 | $ | (17 | ) | 0 | % | |||
CPA®:16 Global |
72,551 | 120,985 | 167 | % | ||||||
CPA®:15 |
85,327 | 162,985 | 191 | % | ||||||
CPA®:14 |
68,323 | 89,730 | 131 | % | ||||||
2006 |
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CPA®:16 Global |
$ | 41,227 | $ | 52,255 | 127 | % | ||||
CPA®:15 |
82,850 | 144,818 | 175 | % | ||||||
CPA®:14 |
83,633 | 102,232 | 122 | % | ||||||
CPA®:12(7) |
19,265 | 27,364 | 142 | % | ||||||
2005 |
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CPA®:16 Global |
$ | 28,939 | $ | 40,338 | 139 | % | ||||
CPA®:15 |
80,475 | 124,049 | 154 | % | ||||||
CPA®:14 |
51,905 | 70,895 | 137 | % | ||||||
CPA®:12 |
25,431 | 44,285 | 174 | % | ||||||
2004 |
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CPA®:16 Global |
$ | 5,918 | $ | 7,584 | 128 | % | ||||
CPA®:15 |
67,797 | 90,721 | 134 | % | ||||||
CPA®:14 |
50,973 | 70,590 | 138 | % | ||||||
CPA®:12 |
25,173 | 27,529 | 109 | % | ||||||
CIP®(8) |
12,093 | 17,306 | 143 | % |
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(Dollars in thousands) |
Total Distributions Paid(1) |
GAAP Cash Flow Provided by (Used In) Operating Activities(2) |
% Coverage |
|||||||
---|---|---|---|---|---|---|---|---|---|---|
2003 |
||||||||||
CPA®:16 Global(9) |
$ | 0 | $ | (30 | ) | 0 | % | |||
CPA®:15 |
40,498 | 55,536 | 137 | % | ||||||
CPA®:14 |
50,173 | 59,410 | 118 | % | ||||||
CPA®:12 |
24,960 | 28,979 | 116 | % | ||||||
CIP® |
23,891 | 33,198 | 139 | % |
Past performance is not a guarantee of future results.
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