VGP achieves record bond market performance with €600 million green bond issuance

We are delighted to support our long-standing client VGP in achieving its strongest bond market performance to date.

VGP has successfully completed a €600 million green bond issuance due 2032, alongside a concurrent cash tender offer targeting its outstanding green bonds maturing in 2027. This dual transaction represents a landmark milestone for one of Europe’s leading owners, managers, and developers of high-quality logistics and semi-industrial real estate.

KBC Securities proudly acted as Joint Global Coordinator and Joint Bookrunner on the new green bond issuance, as well as Dealer Manager on the tender offer, underscoring our continued partnership with VGP.

The proceeds from the new green bond will be allocated to finance and/or refinance eligible green assets in line with the VGP Sustainable Finance Framework, including the partial repurchase of the 2027 green bonds

.We congratulate the entire VGP team on this outstanding achievement and thank them for their continued trust in KBC as a strategic partner.