First sterling green bond issued by a UK REIT

The company has priced £250m of unsecured green bonds, which will mature on 27 November 2033, under its £1.5bn Euro Medium Term Note Programme, following a series of fixed income investor meetings which "generated substantial institutional demand". With an interest rate of 1.5%, the green bond has been rated Baa1 by Moody's and will be listed on the Global Exchange Market of the Irish Stock Exchange. Proceeds from these 2033 Notes are intended to be used to finance or refinance new and existing green projects that satisfy the criteria of the FTSE 250-listed firm's Green Finance Framew...