MLP Group accelerates European expansion with successful EUR 300 million Green notes offering

MLP Group S.A. has completed its debut senior green notes offering, raising EUR 300 million (approximately PLN 1.3 billion). The offering saw overwhelming demand from global investors, with the issue being oversubscribed multiple times. Citi and Santander Group served as Global Coordinators and Bookrunners for the transaction.

The senior green notes, which have a 6.125% coupon and a maturity date in 2029, were fully subscribed, underscoring the strong confidence in MLP Group’s growth strategy. The proceeds from the offering will be used to fund environmentally sustainable projects, aligning with the company’s commitment to sustainability and modern urban logistics development.

“This is a milestone for MLP Group. Despite current geopolitical uncertainties, our debut green notes offering was met with substantial interest, demonstrating the trust investors have in our strategy,” said Radosław T. Krochta, President of the Management Board of MLP Group S.A. “The funds raised will accelerate our expansion, particularly in urban logistics and data centers, solidifying our position as the developer of choice in key European markets.”

Monika Dobosz, CFO of MLP Group S.A., emphasized the significance of the oversubscription, with around 125 investors, including major asset managers and pension and insurance funds, participating in the offering. “The green notes will play a vital role in supporting our strategic investments, which focus on delivering measurable environmental benefits and contributing to sustainability goals,” she noted.

MLP Group’s investment properties have surpassed PLN 5 billion (nearly EUR 1.2 billion), with a portfolio that adheres to the highest environmental standards. The company’s projects are certified by BREEAM and DGNB, reinforcing its commitment to sustainability. Currently, MLP Group operates in Poland, Germany, Austria, and Romania, managing over 1 million square meters of certified space. The Group has set a target to achieve net-zero carbon emissions by 2026.

As part of its growth strategy, MLP Group plans to expand further into the German market, aiming for at least 30% portfolio allocation in Germany by 2028. Additionally, the company will focus on delivering small to medium-sized warehouse units, a sector highly valued by investors.

The senior green notes have been listed on the Luxembourg Stock Exchange’s Official List and are being traded on the Euro MTF market.