Wednesday, 8 July 2026
MLP Group has raised an additional €100 million through a tap issuance of its existing Senior Green Notes, increasing the total size of the bond series to €400 million.
The additional notes were issued at 102.5% of their principal amount, resulting in a yield to maturity of 5.28%. Interest on the notes will be paid semi-annually.
The transaction expands the bond series originally issued in October 2024, when MLP Group raised €300 million.
According to the company, the proceeds will be used to finance and refinance projects that meet the eligibility criteria set out in its Green Financing Framework. Until the funds are fully allocated to eligible green assets, the proceeds may also be used to finance new developments, acquire land and cover costs associated with the issuance.
MLP Group said it is currently undertaking projects with a combined value of more than €300 million across several European markets. These include developments at MLP Business Park Munich, MLP Idstein near Frankfurt, MLP Hamburg East, MLP City Park Vienna, MLP Rzeszów, MLP Bieruń and further phases of MLP Pruszków.
The company stated that more than 60% of its current capital expenditure programme is allocated to projects in Germany, reflecting its focus on Europe’s largest logistics and industrial property market.
The additional notes carry the same terms and interest rate as the existing series. Following the expiry of the 40-day distribution compliance period, the new notes will be consolidated with the outstanding bonds and treated as a single series.
MLP Group intends to apply to list the additional notes on the Official List of the Luxembourg Stock Exchange and admit them to trading on its Euro MTF Market. The company said no listing prospectus has been prepared or approved for the tap issuance.
