NEPI Rockcastle’s subsidiary, NE Property B.V., has closed a green €500 million 8-year Eurobond with a 3.875% fixed coupon, maturing in 2033. This unsecured bond aligns with NEPI Rockcastle’s current ratings under its €4 billion EMTN Programme.

“We are proud to announce the successful issuance of a new €500 million green bond, backed by an impressive orderbook exceeding €4 billion from over 200 global investors. This strong demand emphasises NEPI Rockcastle’s robust financial position and commitment to sustainable growth,” says CFO, Eliza Predoiu.

Net proceeds will be used to fund a concurrent tender offer for the €500 million 1.875% notes maturing in October 2026 and €500 million 3.375% notes due in July 2027. In line with NEPI Rockcastle’s Green Finance Framework, an equivalent amount of net proceeds will be allocated to finance or refinance eligible green projects that improve the environmental performance of the Group’s property portfolio and support its climate impact mitigation goals.

Citibank, Deutsche Bank, Erste Group, HSBC, and ING acted as Joint Lead Managers for the transaction.