GLP Raises US$850 Million with the Launch of the Largest US$ Green Subordinated Perpetual Securities Globally

GLP has successfully priced a landmark US$850 million Regulation S offering (the “Offering”) of Green Subordinated Perpetual Non-Call 5-year Securities (the “Green Perpetual Securities”) at a coupon of 4.500%.

The quality and granularity of the final orderbook, which was more than 6.0x oversubscribed based on the initial target size of US$500 million, ultimately enabled GLP to upsize the transaction to US$850 million.

You can now read the full press release at the link below 


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