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Segro prices bond issuance

05 October 2017 08:24

Segro said it has launched and priced a £350m bond with a maturity of 12 years paying a coupon of 2.375% and a £400m bond with a maturity of 20 years paying a coupon of 2.875%.

The group said it has also accepted for purchase in cash an aggregate principal amount of existing sterling bonds across four tranches equal to £550m at a cash cost of £677m.

At 8:24am: (LON:SGRO) Segro share price was +4.25p at 539.25p

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