SEGRO owns 50% of the SEGRO European Logistics Partnership (SELP) joint venture. For more information about this joint venture, please visit www.selp.lu.
SELP has unsecured Revolving Credit Facilities (‘RCF’) which permits a maximum amount of €600 million to be drawn. Interest is charged at a floating rate of interest based on the European Interbank Offered Rate plus a margin determined by reference to SELP's loan to value ratio. In addition, SELP has a bond portfolio and associated EMTN programme.
The venture does not hold any material secured debt.
Bonds
|
Issuer |
Guarantor |
Amount issued |
EMTN or Standalone | Coupon | Coupon Frequency |
Description |
Credit rating (Fitch/Moody’s) |
Maturity | ISIN | Links |
|
SELP Finance S.a.r.l. |
SEGRO European Logistics Partnership S.a.r.l. |
EUR 500m | Standalone | 1.500% | Annual | Fixed Rate | BBB+ / Baa2 | 20 Nov 2025 |
XS1720761490 |
Prospectus |
|
SELP Finance S.a.r.l. |
SEGRO European Logistics Partnership S.a.r.l. |
EUR 500m | Standalone | 1.500% | Annual | Fixed Rate | BBB+ / Baa2 | 20 Dec 2026 |
XS2015240083 |
Prospectus |
|
SELP Finance S.a.r.l. |
SEGRO European Logistics Partnership S.a.r.l. |
EUR 750m | EMTN | 3.750% | Annual | Fixed Rate, Green | BBB+ / Baa2 | 10 Aug 2027 |
XS2511906310 |
Final Terms |
|
SELP Finance S.a.r.l. |
SEGRO European Logistics Partnership S.a.r.l. |
EUR 500m | Standalone | 0.875% | Annual | Fixed Rate, Green | BBB+ / Baa2 | 27 May 2029 |
XS2344569038 |
Prospectus |
|
SELP Finance S.a.r.l. |
SEGRO European Logistics Partnership S.a.r.l. |
EUR 500m | EMTN | 3.75% | Annual | Fixed Rate | BBB+ / Baa2 | 16 Jan 2032 |
XS2974156031 |
Final Terms |
Bank Facilities
|
Facility Type |
Commitment |
Interest rate |
Maturity |
|
Syndicated RCF |
EUR 500m |
1.075% + EURIBOR |
12 May 2027 |
|
Bilateral RCF |
EUR 100m |
1.075% + EURIBOR |
12 May 2027 |