SEGRO Plc announced a private placement of €225,000,000 senior unsecured notes due 15 and 20 years on June 23, 2022. The transaction will consist of two tranches, consisting of €50,000,000 at a fixed coupon rate of 3.87 per cent due 2037 and €175,000,000 at a fixed coupon rate of 4.14 per cent due 2042, both of which will be drawn down in September 2022. The notes hold an average coupon rate of 4.08 per cent and a weighted average maturity of 18.9 years. The private placement will take place in United States and will include participation from group of institutional investors and existing investors. The notes will rank pari passu with company's existing unsecured bank, bond and US Private Placement debt.