VGP concludes €500 million green bond issuance

We are delighted to announce that our long-standing client, VGP, has successfully concluded a EUR 500 million green bond issuance and concurrent tender offer on a portion of its outstanding green bonds due 2027 and 2029. A major achievement for this leading pan-European owner, manager and developer of high-quality logistics and semi-industrial real estate!

KBC is proud to have acted as Joint Bookrunner in the green bond issuance and as Dealer Manager in the tender offer.

The proceeds of the new green bonds will be used to finance and/or refinance a portfolio of eligible assets in accordance with the VGP Sustainable Finance Framework, including the repurchase of a portion of the 2027 and 2029 green bonds.

Congratulations to the entire VGP team on this impressive accomplishment !