MLP Group S.A. has successfully closed its debut senior green notes offering, worth €300 million (approximately PLN 1.3 billion). Citi and Santander Group acted as Global Coordinators and Physical Bookrunners for the issue.
All offered senior green notes were fully subscribed, with a total nominal value of €300 million, a coupon of 6.125%, and a maturity date in 2029.
"We successfully completed our first senior green notes offering in the international capital markets despite the geopolitical uncertainties currently impacting financial markets. This demonstrates the strong level of trust global investors have in our strategy, which focuses on the development of modern warehouses in key markets in Europe. We have the most modern warehouse portfolio on the European market, with around 60% of our projects completed in the past five years, and 90% of our total projects being less than 10 years old. The funds raised will allow us to accelerate growth, with a strong focus on urban logistics and data centre projects. We aim to be the developer of choice for tenants in key urban centres across Europe", said Radosław T. Krochta, President of the Management Board of MLP Group S.A.
"The offering attracted very strong interest from investors and was multiple times oversubscribed. The notes were ultimately allocated to around 125 investors, primarily large asset managers, as well as pension and insurance funds. The green notes will play a crucial role in funding our strategic investments. Proceeds will be used to finance projects that deliver measurable environmental benefits and support our contribution to achieving sustainability goals", noted Monika Dobosz, CFO of MLP Group S.A.
MLP Group S.A. is striving to become a major player in the European logistics and industrial real estate market. The value of its investment properties has already surpassed PLN 5 billion (nearly €1.2 billion). The Group’s growth strategy is rooted in sustainability, setting the highest environmental standards in the logistics and industrial real estate sector. All of its projects undergo BREEAM and DGNB certification processes to adhere to international environmental protection standards. Currently operating in Poland, Germany, Austria, and Romania, MLP Group S.A. holds approximately 1 million square meters of fully certified space. The Group has set itself a goal of net zero carbon emissions by 2026.
In line with its strategy and investor expectations, MLP Group S.A. plans to accelerate its expansion in the German market. Its goal is to balance the portfolio and achieve at least 30% allocation in Germany by 2028. The Group also focuses on delivering small- to medium-sized warehouse units.
The notes are listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange. No prospectus has been prepared, published, or approved in connection with the offering.
