Brussels – 13 June 2014 – EnterNext announces the successful corporate bond listing by WDP on its Euronext Brussels market.
WDP, a real estate investment trust, develops and invests in logistics property (warehouses and offices). WDP has a portfolio consisting of approximately 2 million m² of properties. This international portfolio of semi-industrial and logistics buildings is spread over some 100 sites located in prime logistics hubs for storage and distribution in Belgium, the Netherlands, France and Romania.
The bond was admitted to listing on Euronext Brussels with a total issued amount of € 125,000,000 reaching maturity on the 13th of June 2021. The interest rate stands at 3.375%.
“We are pleased to welcome the WDP corporate bond issue on Euronext Brussels”, said Vincent Van Dessel, CEO of Euronext Brussels. “Bonds allow companies to diversify their financing options in a flexible and efficient manner. We believe that the bond offering offers a meaningful opportunity to attract more investors.”
Alain Baetens, Head of Listings at Euronext Brussels, added: “We are delighted with WDP’s strong appreciation of our outstanding Bond Listing offer for corporates. By enabling a transparent, secure and fair bond market, Euronext strongly contributes in increasing investor confidence and financing the real economy. We are grateful to establish a real partnership with WDP in bringing them the full benefits of raising funds through the capital markets.”
Joost Uwents, CEO of WDP, commented: “This transaction opens a new chapter in our financing strategy, directly in line with our strategic growth and diversification of finance sources. The successful early closing of the bond issue is an important and valued sign of confidence from the investors in WDP.”
Today, to celebrate the introduction of the new bond, Joost Uwents and Tony De Pauw, CEOs of WDP rang the bell in Brussels to open the trading on Euronext’s European markets. They were accompanied by Vincent Van Dessel, CEO of Euronext Brussels, and Alain Baetens, Head of Listings of Euronext Brussels.