In addition to the investment report, W. P. Carey also disclosed an amendment to its credit agreement. The company replaced a €215 million term loan with a new CAD$347 million term loan, maintaining similar terms and conditions. This new loan is primarily intended to finance the recent investment in Go Auto and features a floating interest rate of approximately 3.1% as of March 30, 2026. The amendment also improved the pricing grid for the company's revolving credit facility by 5 basis points across all levels.
Jason Fox, CEO of W. P. Carey, expressed optimism about the company's performance, stating, "We entered the year with significant momentum, supported by a robust pipeline and a well-capitalized balance sheet. Given the deals we’ve closed to date and the strength of our investment pipeline, we are tracking well ahead of our initial target investment pace for the year. This positions us well for another year of attractive AFFO growth." The company also has approximately $170 million in capital investments and commitments scheduled for completion during the remainder of 2026.
Overall, the announcements reflect a strong operational execution and strategic outlook for W. P. Carey, suggesting a positive trajectory for the company in the coming quarters.
