Slaughter and May is advising SEGRO plc on its issue of £350 million 5.125% senior notes

Slaughter and May is advising SEGRO plc (“SEGRO”) on its issuance of £350 million 5.125 per cent. Notes due 2041 (the “Notes”) under its European Medium-Term Note programme. The Notes are expected to be rated A by Fitch Ratings Ltd.

The proceeds of the issue will be used for general corporate purposes. Bank of China Limited, London Branch, BNP Paribas, Lloyds Bank Corporate Markets plc and NatWest Markets plc will be acting as Joint Lead Managers in relation to the issue.

SEGRO is a UK Real Estate Investment Trust, listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 9.7 million square metres of space valued at £23.8 billion, serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.