REG-Segro PLC SELP Joint Venture Prices €500 Million 0.875 Per Cent Unsecured Green Bond Issue

SEGROAnnouncement

21/05/2021 07:00

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SELP Joint Venture Prices €500 Million 0.875 Per Cent Unsecured Green Bond
Issue

 

SEGRO plc (‘SEGRO’), in its role as venture adviser to the SEGRO European
Logistics Partnership (‘SELP’) joint venture, announces the launch and
pricing of an 8 year, €500 million senior unsecured Green bond issue for
SELP. The bonds were priced at 90 basis points above euro mid-swaps and have
an annual coupon of 0.875 per cent.

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.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT) which is listed on the
London Stock Exchange and Euronext Paris, and is a leading owner, manager and
developer of modern warehouses and industrial property. It owns or manages 8.8
million square metres of space (95 million square feet) valued at £15.3
billion serving customers from a wide range of industry sectors. Its
properties are located in and around major cities and at key transportation
hubs in the UK and in seven other European countries.

For 100 years SEGRO has been creating the space that enables extraordinary
things to happen. From modern big box warehouses, used primarily for regional,
national and international distribution hubs, to urban warehousing located
close to major population centres and business districts, it provides
high-quality assets that allow its customers to thrive.

See www.SEGRO.com
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.SEGRO.com&esheet=52433464&newsitemid=20210520006065&lan=en-US&anchor=www.SEGRO.com&index=1&md5=9e1ec50c4aebe01c6a0845ead4965a7c)
for further information.

About SEGRO European Logistics Partnership S.à r.l. (SELP):

SELP is a joint venture in which SEGRO owns a 50 per cent interest. It was
established in October 2013 and owns €5.3 billion of big box warehouses and
development land across seven Continental European countries. SEGRO acts as
asset, property and development manager for SELP.

For further information see www.SELP.lu
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.SELP.lu&esheet=52433464&newsitemid=20210520006065&lan=en-US&anchor=www.SELP.lu&index=2&md5=dbac2f250d31597cf030893231dc6706)
.

Harry Stokes (Commercial Finance Director)

+44 (0) 20 7451 9124 / harry.stokes@segro.com (mailto:harry.stokes@segro.com)

Gary Gaskarth (External Communications Manager)

+44 (0) 20 7451 9069 / gary.gaskarth@segro.com
(mailto:gary.gaskarth@segro.com)

Richard Sunderland / Claire Turvey / Eve Kirmatzis (FTI Consulting)

+44 (0) 20 3727 1000



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SEGRO plc


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