W. P. Carey Inc. announced that it has entered into a note purchase agreement for issue of 3.41% senior unsecured notes, series A, due September 28, 2029 for gross proceeds of €150 million and 3.7% senior unsecured notes, series B, due September 28, 2032 for gross proceeds of €200 million; for aggregate gross proceeds of €350 million on August 31, 2022. The transaction will involve participation from The Northwestern Mutual Life Insurance Company, Pacific Life Insurance Company, The Guardian Life Insurance Company of America, CMFG Life Insurance Company, Colonial Life & Accident Insurance Company, United of Omaha Life Insurance Company, Genworth Life and Annuity Insurance Company, Legal and General Assurance Society Limited, Ameritas Life Insurance Corp., Genworth Life Insurance Company, Manulife Life Insurance Company, Manulife (International) Limited, Transamerica Life Insurance Company, Manulife Securities Limited Partnership, and Manulife (Singapore) Pte. Ltd. Interest on the notes will be payable semiannually.

The company issued securities pursuant to exemption from registration provided by Section 4(a)(2) of the Securities Act. The transaction is expected to close on September 28, 2022.