London-listed German workspace and industrial investor Sirius Real Estate has issued its first corporate bonds, raising €350m (£301m).
The senior bond is expected to be rated BBB by Fitch, with a 1.25% coupon interest. The bond offering has a five-year term maturity.
The firm will use part of the proceeds to refinance existing secured debt facilities, with the remainder deployed towards its pipeline of potential acquisitions and general corporate purposes.
