PL

MLP Group issues bonds worth EUR 30 mln

Warehouse & industrial
POLAND MLP Group has issued bonds worth EUR 30 mln.

The bonds have a five year maturity date and are to be traded on the Catalyst market of the Warsaw Stock Exchange. The interest rate on the bonds is based on the 6M Euribor rate plus a margin.
"We will use the proceeds to further expand our offer of modern warehouse both in Poland and abroad. Our plans include purchasing investment land and financing logistics park construction. A few new sites are in the pipeline, including near Wrocław, and Łódź, and also in Germany, and Austria. By carrying out new projects, we are taking advantage of the boom in the warehouse sector. New warehouse space is continually in high demand, which is allowing us to quickly scale up our operations," said Monika Dobosz, the chief financial officer of MLP Group S.A.

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