W.P. Carey Inc.
06/29/2026 | Press release | Distributed by Public on 06/29/2026 15:07
Free Writing Prospectus (Form FWP)
Issuer Free Writing Prospectus filed pursuant to Rule 433
supplementing the Preliminary Prospectus Supplement dated
June 29, 2026 and the Prospectus dated May 1, 2025
Registration No. 333-286885
W. P. CAREY INC.
Pricing Term Sheet
$350,000,000 5.200% Senior Notes due 2036
| Issuer: | W. P. Carey Inc. |
| Expected Ratings (Moody's / S&P)*: | Baa1 / BBB+ |
| Security Type: | Senior Unsecured Notes |
| Pricing Date: | June 29, 2026 |
| Settlement Date: | July 2, 2026 (T+3); Under Rule 15c6-1 under the Securities Exchange Act, as amended, trades in the secondary market generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes prior to the first business day preceding the closing date will be required, by virtue of the fact that the notes initially will settle in T+3, to specify an alternative settlement cycle at the time of any such trade to prevent failed settlement. |
| Stated Maturity Date: | September 15, 2036 |
| Interest Payment Dates: | March 15 and September 15, commencing March 15, 2027 |
| Principal Amount: | $350,000,000 |
| Benchmark Treasury: | UST 4.375% due May 15, 2036 |
| Benchmark Treasury Price / Yield: | 100-00 / 4.374% |
| Spread to Benchmark Treasury: | +95 bps |
| Yield to Maturity: | 5.324% |
| Coupon: | 5.200% per year |
| Public Offering Price: | 99.015% of the principal amount |
| Optional Redemption: | |
| Make-Whole Call: | Prior to June 15, 2036, at the Treasury Rate (as defined in the preliminary prospectus supplement) plus 15 basis points |
| Par Call: | On or after June 15, 2036 |
| Denominations: | $2,000 x $1,000 |
| CUSIP / ISIN: | 92936U AP4 / US92936UAP49 |
| Joint Book-Running Managers: |
Wells Fargo Securities, LLC RBC Capital Markets, LLC U.S. Bancorp Investments, Inc. BBVA Securities Inc. |
| Senior Co-Manager: | SMBC Nikko Securities America, Inc. |
| Co-Managers: |
PNC Capital Markets LLC Regions Securities LLC Scotia Capital (USA) Inc. |
*Note: A securities rating is not a recommendation to buy, sell or hold securities. Ratings may be subject to revision or withdrawal at any time. Each securities rating should be evaluated independently of any other security rating.
No PRIIPs KID - No PRIIPs key information document (KID) has been prepared as the notes are not available to retail investors in the EEA.
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission ("SEC") for the offering to which this communication relates. Before you make an investment decision, you should read the prospectus in that registration statement and other documents that the issuer has filed with the SEC, including the prospectus supplement relating to the notes, for more complete information about the issuer and this offering. You may get these documents for free by visiting the SEC's website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the prospectus supplement relating to the notes if you request it by contacting Wells Fargo Securities, LLC toll-free at 1-800-645-3751, RBC Capital Markets, LLC toll-free at 1-866-375-6829 or U.S. Bancorp Investments, Inc. toll-free at 1-877-558-2607.
W.P. Carey Inc. published this content on June 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 29, 2026 at 21:07 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]