* IPTs MS+195/+200bps area, exp EUR500m, tbp today. Maturity 23 Jul 2032. Settle 16 May. Coupon: Fixed (Ann, ACT/ACT), short first. NY law, Dublin GEM listing, 100k+1k denoms, SEC-registered NSS. 3m par call, MWC. Covenants: Total Debt / Total Assets < 60% ; Secured Debt / Total Assets < 40% ; Consolidated EBITDA / Annual Debt Service Charge > 1.5x ; Unencumbered Assets / Total Unsecured Debt > 150%. ISIN XS2819335311. BofA is B&D. (8:47am) ------------------------------------------------ LONDON, May 3 (IFR) * Investor marketing concludes today with over 85 accounts engaged. Issuer focused on a € benchmark long 8-year transaction (expect July 2032 maturity). Timing: as early as Tuesday May 7, subject to market conditions. A fixed income investor presentation has been made available: https://dealroadshow.com passcode: WPC2024 (not case-sensitive). Please continue to relay IoIs/feedback to syndicate. (12:01pm) ------------------------------------------------ LONDON, May 2 (IFR) W. P. Carey Inc. (“W. P. Carey” or the “Company”) (ticker: WPC, country: US), rated Baa1 (Stable) / BBB+ (Stable) by Moody's and S&P, respectively, has mandated Barclays, BofA Securities, RBC Capital Markets and Wells Fargo Securities to arrange a series of fixed income investor calls commencing Thursday, May 2, 2024. A Euro-denominated, benchmark-size, senior unsecured, fixed-rate, SEC-Registered offering issued by W. P. Carey Inc. with a long 8-year tenor is expected to follow, subject to market conditions. The securities are expected to be rated Baa1 / BBB+ by Moody's and S&P, respectively. The securities are expected to be listed on the Irish Stock Exchange, trading as Euronext Dublin, and traded on the Global Exchange Market of Euronext Dublin. Barclays is coordinating logistics. A fixed income investor presentation has been made available (details below). W. P. Carey ranks among the largest net lease REITs with a ~$20bn enterprise value and a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,282 net lease properties and a portfolio of 89 self-storage operating properties, as of March 31, 2024. With offices in New York, Dallas, London and Amsterdam, the Company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations. Relevant stabilization regulations including FCA / ICMA apply. Manufacturer target market (MiFID II and UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EEA or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or UK. W. P. Carey will be represented by: Jason Fox – Chief Executive Officer Jeremiah Gregory – Managing Director, Head of Capital Markets Peter Sands – Executive Director, Institutional Investor Relations Mark Foresi – Managing Director, Strategy & Capital Markets Call Schedule for Thursday May 2nd, 2024: Call #1: 13:00 – 13:45 UKT / 14:00 – 14:45 CET / 8:00 – 8:45 ET Call #2: 14:00 – 14:45 UKT / 15:00 – 15:45 CET / 9:00 – 9:45 ET Call #3: 15:00 – 15:45 UKT / 16:00 – 16:45 CET / 10:00 – 10:45 ET Call #4: 16:00 – 16:45 UKT / 17:00 – 17:45 CET / 11:00 – 11:45 ET Call Schedule for Friday May 3rd, 2024: Call #5: 11:00 – 11:45 UKT / 12:00 – 12:45 CET / 6:00 – 6:45 ET Call #6: 12:00 – 12:45 UKT / 13:00 – 13:45 CET / 7:00 – 7:45 ET Call #7: 13:00 – 13:45 UKT / 14:00 – 14:45 CET / 8:00 – 8:45 ET Call #8: 14:00 – 14:45 UKT / 15:00 – 15:45 CET / 9:00 – 9:45 ET Call #9: 15:00 – 15:45 UKT / 16:00 – 16:45 CET / 10:00 – 10:45 ET Call #10: 16:00 – 16:45 UKT / 17:00 – 17:4
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