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IN BRIEF: Segro joint venture prices EUR500 million, five-year bonds

15th Apr 2026 12:17

Segro PLC - London-based property developer - As venture adviser to the Segro European Logistics Partnership joint venture, it reports the pricing of a EUR500 million senior unsecured bond issue for the venture. Notes the bonds possess a five-year term, and are priced 105 basis points above euro mid-swaps. Says this equates to an annual coupon of 3.875%. Adds that the bond issue was over 10 times covered at peak.

Current stock price: 706.80 pence, up 0.3% on Wednesday afternoon in London

12-month change: up 5.5%

By Christopher Ward, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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