W. P. CAREY INC.

(WPC)
  Report
Delayed Nyse  -  05/27 04:00:01 pm EDT
85.15 USD   +1.79%
05/26W. P. CAREY INC. CEO JASON FOX TO PRESENT AT NAREIT'S REITWEEK : 2022 Investor Conference
PR
05/19W. P. Carey Selected as 2022 Green Lease Leader
PR
05/16W. P. CAREY INC. : Expectation of a turn-around
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

W. P. Carey Inc. Announces Pricing of $350 Million of Senior Unsecured Notes in Debut Green Bond Offering

10/05/2021 | 04:05pm EDT

W. P. Carey Inc. announced that it has priced an underwritten public offering of $350,000,000 aggregate principal amount of 2.450% Senior Notes due 2032 (the "Notes") in the company's debut green bond offering. The Notes were offered at 99.048% of the principal amount. Interest on the Notes will be paid semi-annually on February 1, and August 1 of each year, beginning on February 1, 2022. The offering of the Notes is expected to settle on October 15, 2021, subject to customary closing conditions. W. P. Carey Inc. intends to fully allocate an amount equal to the net proceeds from the offering to the financing and refinancing, in whole or in part, of one or more recently completed or future eligible green projects in the categories outlined in W. P. Carey Inc.'s Green Financing Framework, which is designed to align with the International Capital Markets Association Green Bond Principles 2021. Pending such allocation, W. P. Carey Inc. may use the net proceeds from the sale of the Notes for the redemption or repayment of certain indebtedness or hold net proceeds in cash, cash equivalents and/or marketable securities, all in accordance with W. P. Carey Inc.'s cash management policy. Net proceeds allocated to previously incurred costs associated with eligible green projects will be available for the repayment of debt or other current uses. J.P. Morgan, RBC Capital Markets, US Bancorp and Wells Fargo Securities acted as joint book-running managers for the Notes offering.


© S&P Capital IQ 2021
All news about W. P. CAREY INC.
05/26W. P. CAREY INC. CEO JASON FOX TO PR : 2022 Investor Conference
PR
05/19W. P. Carey Selected as 2022 Green Lease Leader
PR
05/10JMP Securities Initiates W. P. Carey at Market Outperform, Sets Price Target at $87
MT
05/10WALL STREET STOCK EXCHANGE : A little respite for Wall Street
05/10ANALYST RECOMMENDATIONS : Edison International, Ford, General Motors, GSK, Upstart...
05/03W. P. CAREY INC. : Entry into a Material Definitive Agreement, Financial Statements and Ex..
AQ
04/29W. P. CAREY INC. Management's Discussion and Analysis of Financial Condition and Resul..
AQ
04/29W. P. Carey Reports Higher Q1 Adjusted FFO, Revenue; Maintains 2022 Outlook
MT
04/29Earnings Flash (WPC) W. P. CAREY Posts Q1 FFO $1.50
MT
04/29TRANSCRIPT : W. P. Carey Inc., Q1 2022 Earnings Call, Apr 29, 2022
CI
More news
Analyst Recommendations on W. P. CAREY INC.
More recommendations
Financials (USD)
Sales 2022 1 437 M - -
Net income 2022 640 M - -
Net Debt 2022 8 414 M - -
P/E ratio 2022 37,5x
Yield 2022 4,98%
Capitalization 16 424 M 16 424 M -
EV / Sales 2022 17,3x
EV / Sales 2023 15,6x
Nbr of Employees 183
Free-Float 98,9%
Chart W. P. CAREY INC.
Duration : Period :
W. P. Carey Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends W. P. CAREY INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 85,15 $
Average target price 88,00 $
Spread / Average Target 3,35%
EPS Revisions
Managers and Directors
Jason E. Fox Chief Executive Officer & Director
John J. Park President
Toniann Sanzone Chief Financial Officer & Managing Director
Christopher J. Niehaus Non-Executive Chairman
John D. Miller Chief Investment Officer & Managing Director
Sector and Competitors
1st jan.Capi. (M$)
W. P. CAREY INC.3.78%16 424
EQUINIX, INC.-17.99%63 140
REALTY INCOME CORPORATION-3.13%41 721
DIGITAL REALTY TRUST, INC.-19.99%40 284
ALEXANDRIA REAL ESTATE EQUITIES, INC.-24.39%27 517
SEGRO PLC-22.14%16 964