Launch of Schuldschein Loan for a nominal amount of € 100 million

VGP NV announces that it plans to issue a Schuldschein Loan for a minimum nominal amount of € 100 million. The loan will be offered in different tranches with 3-, 5-, 7- and 8-years maturities with a fixed and variable interest rate which are expected to range between 2.10% and 3.00% per annum. The loans will be issued in denomination of € 500,000.

The subscription period is expected to close on or about the 27th of September with Settlement expected on 15th of October.

The Schuldschein Loan will be governed by German law. Norddeutsche Landesbank – Girozentrale – is acting as Mandated Lead Arranger.

The proceeds of the loan will be used for general corporate purposes to finance the development of new projects, and to accelerate the realisation of the development pipeline.