W.P. Carey plans to sell single tranche of fixed-rate green notes

Chicago, Oct. 5 – W.P. Carey Inc. is planning to sell a tranche of green fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission on Tuesday.

The dollar-denominated notes will have an optional make-whole call and then a par call.

Proceeds will be used to finance, or refinance, one or more completed or future eligible green projects.

J.P. Morgan Securities LLC, RBC Capital Markets, LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC are working as bookrunners.

U.S. Bank NA is the trustee.

DLA Piper LLP (US) is working as counsel to the issuer. Sidley Austin LLP is advising the underwriters.

New York-based W.P. Carey is an internally managed diversified real estate investment trust and a leading owner of commercial real estate, net-leased to companies on a long-term basis.

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