W. P. Carey Inc. announced that it closed an amended and restated $2.0 billion multicurrency unsecured revolving credit facility (the Revolver), a ?215 million term loan and a £270 million term loan (the Term Loans). The Revolver upsized the company's existing multicurrency unsecured revolving credit facility from $1.8 billion to $2.0 billion and extended its maturity by four years to February 14, 2029. The Term Loans refinanced two existing term loans and extended their maturities by three years to February 14, 2028, with an option to extend up to an additional year at the company's discretion subject to the satisfaction of certain customary conditions.

The amended and restated Revolver and Term Loans (collectively, the "Facilities") include various improvements to terms as compared to the prior agreement, as well as an accordion feature permitting the Facilities to be increased to an aggregate amount of up to $4.35 billion, subject to obtaining lender commitments and the satisfaction of certain customary conditions. A total of 16 lenders are participating in the Facilities. JPMorgan Chase Bank, N.A. is serving as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner.

BofA Securities Inc. and Wells Fargo Securities, LLC are serving as Co-Syndication Agents, Joint Bookrunners and Joint Lead Arrangers. PNC Bank, National Association and U.S. Bank National Association are serving as Joint Lead Arrangers and Documentation Agents. Barclays Bank PLC and the Royal Bank of Canada are also serving as Documentation Agents.

Senior Managing Agents include BMO Bank N.A., Regions Bank and The Bank of Nova Scotia. Managing Agents include Banco Bilbao Vizcaya Argentaria, S.A., BNP Paribas, Citizens Bank, Mizuho Bank Ltd., Sumitomo Mitsui Banking Corporation and The Bank of New York Mellon.