Milbank LLP has advised Globalworth Real Estate Investments Limited (“Globalworth”) on its green bond offering of €400 million 2.950% notes due 2026 as well as its cash tender offer for the company's outstanding €550 million 2.875% notes due 2022. The offering constitutes the inaugural green bond offering of Globalworth under its €1.5 billion Euro Medium Term Notes Programme pursuant to Globalworth’s green bond framework established in 2020.
Globalworth is an AIM-listed company active in Central and Eastern Europe (“CEE”). It has become the preeminent office investor in the CEE real estate market through its market-leading positions both in Romania and in Poland. Globalworth acquires, develops and directly manages high-quality office and logistics/light-industrial real estate assets in prime locations, generating rental income from tenants.
The Milbank team was led by European Leveraged Finance/Capital Markets partner Apostolos Gkoutzinis and special counsel Ana Grbec, with associates Iakovos Anagnostopoulos and Anastasia Kontaxi.
July 29, 2020
