Published on 8/11/2021 in the Prospect News Green Finance Daily.
New Issue: Lar Espana Real Estate issues €400 million 1.75% green notes due 2026
By Devika Patel
Knoxville, Tenn., Aug. 11 – Lar Espana Real Estate Socimi, SA sold €400 million of 1.75% five-year green senior notes at par, according to a market announcement.
Morgan Stanley Europe SE and J.P. Morgan AG were the stabilization managers.
The company manages and invests in real estate assets, with offices in Madrid and Barcelona.
| Issuer: | Lar Espana Real Estate Socimi, SA
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| Issue: | Green senior unsecured notes
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| Amount: | €400 million
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| Bookrunners: | Morgan Stanley Europe SE and J.P. Morgan AG
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| Maturity: | 2026
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| Coupon: | 1.75%
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| Price: | Par
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| Announcement date: | Aug. 11
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