GLP China to Issue RMB1.0bn (US$152m) of Panda Bonds via China's Interbank Market
GLP is the first international company to issue panda bonds on both the Shanghai Stock Exchange and China’s Interbank Market. The bonds have a five-year tenure and carry an annual coupon of 4.99%.
GLP Expands Into Europe via its Fund Management Platform
GLP has entered into a definitive agreement to acquire Gazeley, a premier developer, owner and operator of modern logistics facilities in Europe for approximately US$2.8 billion.
GLP expands its global footprint with the acquisition of Gazeley for 2.4 billion euros. GLP itnends to inject assets into its fund management platform.