WP Carey Inc (WPC)

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	REAL	PRCD	WPC	WP Carey Inc	€600		1	USOA	Nov 12, 2024

Tranche #1WP Carey Inc

currency

EUR

size (m)

600.000

maturity

Nov 19, 2034

type

Fixed

tenor

10.000

call

registration

SEC Registered

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+190-195

ipt-pxd

guidance

MS+160 a

spread

152

coupon

3.70%

spread set

price

98.88000

yield

3.837%

book size (m)

3,000

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

3,000

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Book size: 3000; First Pay: 2025-11-19; Redemption: 2034-08-19; Registration: SEC Registered; Comments: EUR600m (upsized from EUR500m) 10yr bmk snr unsec SEC regd. Baa1/BBB+. Actives Barc(B&D)/BNPP/JPM, passive BMO. IPTs MS+190/+195, guidance MS+160 area for 500m-600m, launch 600m at MS+152. Final books 3bn+ (peak 3.7bn+). DBR 2.6% 08/15/34 @ 102.19 (B+149.2 / HR: 93%). FTT 7:30am, Nov 13. Tax Call: Yes. Par Call: 3m. MWC: B+25bps. LEI: 54930042CRNE713E3Q67;

Deal Comments

Active Bookrunners: BRC(B&D), BNP, JPM. Passive Bookrunner: BMO

Use of Proceeds

Repay indebtedness, fund potential future investments and for general corporate purposes

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

WP Carey Inc (WPC)

Deal Details

Commentary

Deal Flow