Slaughter and May advised Landsec on its inaugural £400 million green bond issuance

Slaughter and May advised Land Securities Capital Markets Plc (the issuance vehicle of Land Securities Group PLC) (“Landsec”) on the issuance of its inaugural £400 million green bond with a maturity of 9.5 years, paying a coupon of 4.875 per cent (the “Green Bond”). The Green Bond was issued under Landsec’s £7 billion Multicurrency Programme for the issuance of Notes.

Landsec is one of the leading real estate development and investment companies in the United Kingdom, with a combined portfolio of retail, leisure, workspace and residential hubs valued at £10.9 billion.