SEGRO owns 50% of the SEGRO European Logistics Partnership (SELP) joint venture. For more information about this joint venture, please visit www.selp.lu.
SELP has an unsecured Revolving Credit Facility which permits a maximum amount of €500 million to be drawn. Interest is charged at a floating rate of interest based on the European Interbank Offered Rate plus a margin determined by reference to SELP's loan to value ratio.
The venture does not hold any material secured debt.
Fitch / Moody’s
|EUR 500m||EUR 500m||1.25%||Annual||Fixed Rate||A- / Baa2||25 Oct 2023||XS1508586150|
|EUR 500m||EUR 500m||1.50%||Annual||Fixed Rate||A- / Baa2||
20 Nov 2025
|EUR 500m||EUR 500m||1.50%||Annual||Fixed Rate||A- / Baa2||20 Dec 2026||XS2015240083|
|EUR 500m||EUR 500m||0.875%||Annual||Fixed Rate||A- / Baa2||27 May 2029||XS2344569038|
|Syndicated RCF||EUR 500m||12 May 2025|