Assura Financing’s £300 Million Sustainability Bond Offer

Addleshaw Goddard advised Assura plc on the deal.

Assura plc issued £300M 1.625 per cent guaranteed sustainability bonds due 2023 through its finance subsidiary, Assura Financing plc.

This follows previous bond issues by Assura Financing plc, but is the first issue under its new Sustainable Finance Framework.  The proceeds will be used to fund or refinance eligible green and social projects, specifically the acquisition, development or refurbishment of publicly accessible primary care and community healthcare centres with green building certification.

Assura PLC is a British-based property business headquartered in Warrington. It designs, builds, invests in and manages General Practitioner and primary care buildings in the UK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Beth Collett (Picture), Partner, DCM, Addleshaw Goddard, advised on the deal.

Involved fees earner: Beth Collett – Addleshaw Goddard;

Law Firms: Addleshaw Goddard;

Clients: Assura PLC;

Author: Federica Tiefenthaler