Tuesday, 31 March 2026
7R has completed the issuance of Series D bonds with a total nominal value of PLN 52 million, the company announced on 31 March 2026.
The three-year bonds carry interest based on WIBOR 6M plus a margin of 4.25%. The offering was taken up by institutional investors alongside selected high-net-worth individuals.
According to the company, proceeds from the issuance will be allocated to the further development of its warehouse portfolio.
The margin on the Series D bonds was set at 4.25%, compared with 4.80% in previous PLN-denominated issuances and 5.5% in a prior EUR-denominated transaction. The company said this reflects improved financing terms and a change in its perceived credit profile.
“The ability to secure financing on increasingly favourable terms is a direct result of the consistent execution of our financial strategy and the strengthening of the 7R Group’s credit profile,” said Tomasz Mika, Board Member and CFO of 7R. “The lower cost of debt improves the efficiency of capital allocation and provides us with greater flexibility to continue scaling the business. The Series D bond issuance strengthens 7R’s funding structure and supports the long-term development of our warehouse portfolio in Poland, the Czech Republic and Germany, where we plan to build an on-balance-sheet portfolio of 800,000 sqm over the next several years.”
The issuance comes amid continued activity in the logistics sector. Total demand for warehouse space reached 6.8 million sqm last year, according to market data cited by the company, making it the second-highest annual result after 2021.
“We would like to thank our investors for the confidence they have placed in 7R in a demanding and volatile market environment. The successful issuance and the meaningful margin compression confirm growing investor interest in our credit profile and the quality of our assets,” said Piotr Pikiewicz, Head of Debt & Treasury at 7R. “This is a clear signal that the capital market views 7R’s financial stability and the long-term potential of our business positively.”
