Klépierre Successfully Launches €500 Million Green Bond for Sustainable Investments

"Klépierre, a leading European shopping center operator, successfully issued its inaugural Green Bond worth €500 million, aimed at financing green assets as defined in its Green Financing Framework. The bonds, with a 3.750% annual interest rate, are listed on Euronext Paris and will mature on September 30, 2037, marking the longest maturity for a euro-denominated bond by a listed real estate investment company in Europe since 2022. Legal counsel was provided by CMS Francis Lefebvre, while several banks acted as global coordinators and bookrunners for the issuance."

**Law Firms Involved in the Transaction:** CMS Francis Lefebvre acted as legal counsel for Klépierre, with Marc-Etienne Sébire, a partner, and Victor Delion, an attorney, providing their expertise. Gide Loyrette Nouel advised the financial institutions involved in the transaction. **Transaction Overview:** Klépierre, a leading European shopping center operator, successfully completed its inaugural Green Bond issuance, raising a total of €500,000,000 from institutional investors. The bonds, which carry an interest rate of 3.750% per annum, are intended to finance or refinance a portion of a portfolio comprising eligible green assets and capital expenditures as defined in Klépierre's Green Financing Framework. The bonds are listed for trading on Euronext Paris and will mature on September 30, 2037, marking the longest maturity for a euro-denominated issuance by a listed real estate investment company in Europe since 2022. **Legal Team:** - **CMS Francis Lefebvre:** - Marc-Etienne Sébire - Partner - Victor Delion - Attorney - **Gide Loyrette Nouel:** (specific lawyers not mentioned in the press release)

Klépierre Successfully Launches €500 Million Green Bond for Sustainable Investments

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