Finance

SEGRO prices £350m bond

By 2022-11-30T08:16:00

Soumen Das, SEGRO chief financial officer

SEGRO has priced a £350m, 19-year, unsecured bond that the group told investors will be used for “general corporate purposes”.

Priced at 175 basis points above gilts, with an annual coupon of 5.125%, the bond was almost six times oversubscribed.

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