Profil:
MLP Group SAMLP Group real estate to issue bonds with maximum value of EUR 300 mln
Real estate developer MLP Group will carry out a bond issue with a EUR 300 mln maximum value, the group said in a market filing. The interest rate, issue price and other conditions will be set at the time the bond price is set in accordance with market conditions.
The group's intention is to apply for the admission and introduction of bonds to trading on the Luxembourg Stock Exchange, as well as seeking admission and introduction of bonds to trading on the Euro MTF market of Luxembourg Stock Exchange.
It was reported that the company intends to use the proceeds from the bond issue to finance and refinance certain assets and expenditure that meet the criteria set out in the Green Financing Framework policy.
gaw/ mik/ han/