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IN BRIEF: Segro logistics joint-venture issues EUR500 million bond

21st May 2021 18:01

Segro PLC - London-based property investment and development - Says Segro European Logistics Partnership joint-venture launches eight-year EUR500 million senior unsecured green bond issue. Bond carries 0.875% annual coupon. "The proceeds of the issue will principally be used to finance and/or refinance eligible green projects as outlined in the SEGRO green finance framework, including the continued development programme, as well as providing funding for general corporate purposes," Segro adds.

Current stock price: 1,027.00 pence

Year-to-date change: up 8.4%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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