Slaughter and May advised SEGRO on the annual update of its EMTN programme

Slaughter and May advised SEGRO plc (“SEGRO”) and its indirect subsidiary SEGRO Capital S.à.r.l (“SEGRO Capital”) on the annual update of SEGRO’s £5,000,000,000 Euro Medium-Term Note Programme (the “Programme”).

Notes issued by SEGRO Capital under the Programme have the benefit of an irrevocable guarantee from SEGRO. The net proceeds of any notes issued under the Programme will be used principally to finance and/or refinance Eligible Green Projects as outlined in the SEGRO Green Finance Framework, as well as for general corporate purposes.

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. At 31 December 2022, it owned or managed 9.9 million square metres of space valued at £20.9 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.