By Devika Patel
Knoxville, Tenn., May 21 – Segro plc said that its joint venture partner Segro European Logistics Partnership priced €500 million of 0.875% eight-year senior unsecured green bonds, according to a press release.
The notes have a spread of 90 basis points over euro mid-swaps.
Proceeds will be used to finance or refinance eligible green projects.
Segro is a London-based real estate investment trust specializing in warehouses and light industrial properties.
| Issuer: | Segro European Logistics Partnership
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| Issue: | Senior unsecured green bond
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| Amount: | €500 million
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| Maturity: | Eight years
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| Coupon: | 0.875%
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| Spread: | 90 bps over euro mid-swaps
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| Pricing date: | May 21
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