Slaughter and May advised Land Securities Capital Markets Plc (the issuance vehicle of Land Securities Group PLC) (“Landsec”) on the issuance of its £350 million green bond with a maturity of 10 years, paying a coupon of 4.625 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 workspace, retail, leisure and residential hubs valued at £10 billion.