{"url_path":"/sec/wpc/8-k/2026-07-02/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-02","source_url":"https://www.sec.gov/Archives/edgar/data/1025378/0001104659-26-080334-index.html","accession_number":"0001104659-26-080334","cik":"0001025378","ticker":"WPC","issuer_name":"W. P. Carey Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1025378/0001104659-26-080334-index.html","primary_entity_key":"0001025378","primary_entity_name":"W. P. Carey Inc."},"word_count":551,"has_tables":true,"body_markdown":"**Item 1.01. Entry into a Material\nDefinitive Agreement.**\n\n \n\nOn July 2, 2026, W. P. Carey Inc. (the “Company”)\nconsummated the public offering (the “Offering”) of $350 million aggregate principal amount of 5.200% Senior Notes\ndue 2036 (the “Senior Notes”). The Offering settled on July 2, 2026 and was made pursuant to (i) the Company’s\nautomatic shelf registration statement on Form S-3ASR (File No. 333-286885), filed with the Securities and Exchange Commission on May\n1, 2025; and (ii) a final prospectus supplement relating to the Senior Notes, dated as of June 29, 2026. The Company intends to use the\nnet proceeds from this Offering to repay the $350 million in aggregate principal amount outstanding of its 4.250% Senior Notes due October\n2026 and for other general corporate purposes, including to fund potential future investments and to repay certain other indebtedness,\nincluding amounts outstanding under its $2.0 billion unsecured revolving credit facility.\n\n \n\nThe terms of the Senior Notes are governed by\nan indenture, dated as of March 14, 2014 (the “Base Indenture”), by and between the Company, as issuer, and U.S. Bank\nTrust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee (the “Trustee”),\nas supplemented by the Fourteenth Supplemental Indenture dated as of July 2, 2026 (the “Fourteenth Supplemental Indenture”\nand together with the Base Indenture, the “Indenture”), by and between the Company and the Trustee.\n\n \n\nThe Senior Notes bear interest at 5.200% per annum,\naccruing from July 2, 2026. Interest on the Senior Notes is payable semi-annually on March 15 and September 15 of each year, commencing\non March 15, 2027. The Senior Notes will mature on September 15, 2036. The Senior Notes are the Company’s direct, unsecured and\nunsubordinated obligations and will rank equally in right of payment with all of the Company’s existing and future unsecured and\nunsubordinated indebtedness.\n\n \n\nThe Company may redeem the Senior Notes at any\ntime in whole, or from time to time in part, at the make-whole redemption price specified in the Fourteenth Supplemental Indenture. If\nthe Senior Notes are redeemed on or after June 15, 2036 (three months prior to the maturity date), the redemption price will be equal\nto 100% of the principal amount of the notes being redeemed plus accrued and unpaid interest thereon to, but not including, the redemption\ndate.\n\n \n\nThe Indenture contains covenants that, among other things, require\nthe Company to maintain at all times a specified ratio of unencumbered assets to unsecured debt and limit the Company from incurring secured\nand unsecured indebtedness. However, those covenants are subject to significant exceptions. In addition, the Company’s ability to\nconsummate a merger, consolidation or a transfer of all or substantially all of the Company’s consolidated assets to another person\nis limited unless certain conditions are satisfied. The Indenture also provides for customary events of default which, if any of them\noccurs, would permit or require the principal of and accrued interest on the Notes to become or to be declared due and payable.\n\n \n\nThe foregoing descriptions of the Base Indenture\nand the Fourteenth Supplemental Indenture in this Current Report on Form 8-K do not purport to be complete, and are qualified in their\nentirety by reference to Exhibits 4.1, 4.2 and 4.3, respectively, to this Current Report on Form 8-K, which are incorporated herein by\nreference."}