Brief: W. P. Carey Announces New €500 Mln Unsecured Term Loan

W. P. Carey

24/04/2023 22:16

April 24 (Reuters) - WP Carey Inc  WPC.N :
    * W. P. CAREY ANNOUNCES NEW €500 MILLION UNSECURED TERM LOAN
    * WP CAREY INC - TERM LOAN ALSO INCLUDES AN ACCORDION
FEATURE
ENABLING AGGREGATE AMOUNT TO BE INCREASED UP TO EUR 250 MILLION
    * WP CAREY - PROCEEDS FROM TERM LOAN WILL BE USED FOR
REPAYMENT OF
DEBT, INCLUDING AMOUNTS OUTSTANDING ON COMPANY'S UNSECURED
REVOLVING CREDIT FACILITY.
    * WP CAREY INC -  CLOSED ON A NEW EUR 500 MILLION UNSECURED
TERM
LOAN MATURING ON APRIL 24, 2026 WHICH WAS DRAWN IN FULL AT
CLOSING

Source text for Eikon:  ID:nPn1wftpqa 
Further company coverage:  WPC.N 

 ((Reuters.Briefs@thomsonreuters.com;))