VGP successfully issues € 500 million senior unsecured long 5-year green bonds

Press Release
Regulated Information

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES”) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT”)) OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS PRESS RELEASE.

26 March 2025, 7.30 pm, Antwerp, Belgium: VGP NV ("VGP”), the pan-European owner, manager and developer of high quality logistics and semi-industrial properties as well as a provider of renewable energy solutions, today announces that it has successfully placed its third benchmark green bond for an aggregate nominal amount of € 500 million, paying a coupon of 4.25 per cent p.a. and maturing on 29 January 2031 (the "Bonds”).

The new issuance has benefitted from a great market reception with total demand over 3.3 times the volume of the offering. An amount equal to the net proceeds from the issuance of the Bonds will be used to finance and/or refinance a portfolio of eligible assets in accordance with the VGP Sustainable Finance Framework. In this respect, VGP announced yesterday the launch of a capped tender offer (the "Offer”) for its outstanding EUR 500,000,000 1.625 per cent. fixed rate green bonds due 17 January 2027 (ISIN: BE6332786449) and EUR 600,000,000 1.50 per cent. fixed rate green bonds due 8 April 2029 (ISIN: BE6327721237) for cash. For more information on the Offer, including the offer and distribution restrictions in relation thereto, holders of the existing bonds should refer to the launch announcement which is available on this link: https://www.vgpparks.eu/en/investors/financial-debt/.

The Bonds will be listed and admitted to trading on the Luxembourg Stock Exchange (EuroMTF). The settlement and admission to trading of the Bonds are scheduled for 2 April 2025.

The banks acting on the transaction as joint bookrunners are Belfius Bank SA/NV, BNP PARIBAS, J.P. Morgan SE and KBC Bank NV.

CONTACT DETAILS FOR INVESTORS AND MEDIA ENQUIRIES

Investor Relations

Tel: +32 (0)3 289 1433 investor.relations@vgpparks.eu

ABOUT VGP

VGP is a pan-European owner, manager and developer of high-quality logistics and semi-industrial properties as well as a provider of renewable energy solutions. VGP has a fully integrated business model with extensive expertise and many years of experience along the entire value chain. VGP, founded in 1998 as a family-owned Belgian property developer in the Czech Republic, operates with a staff of circa 380 FTE’s today and is active in 18 European countries directly and through several 50:50 joint ventures. As of December 2024, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to € 7.8 billion and the company had a Net Asset Value (EPRA NTA) of € 2.4 billion. VGP is listed on Euronext Brussels (ISIN: BE0003878957).

For more information, please visit: http://www.vgpparks.eu

Forward-looking statements: This press release may contain forward-looking statements. Such statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. VGP is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release considering new information, future events or otherwise. The information in this announcement does not constitute an offer to sell or an invitation to buy securities in VGP or an invitation or inducement to engage in any other investment activities.  VGP disclaims any liability for statements made or published by third parties and does not undertake any obligation to correct inaccurate data, information, conclusions or opinions published by third parties in relation to this or any other press release issued by VGP.

Attachment

• VGP_Green Bond Offering_EN docx_04625666