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IN BRIEF: Segro gets 0.5% coupon for ten-year inaugural green bond

17th Sep 2021 06:44

Segro PLC - London-based commercial property investor and developer - On Thursday prices its ten-year, EUR500 million senior unsecured green bonds at 55 basis points above euro mid-swaps, with a coupon of 0.5%. The bond is eight times oversubscribed. This is Segro's first green bond and will be used to finance projects in the company's green finance framework.

Current stock price: 1,271.00 pence

Year-to-date change: up 34%

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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