Milbank LLP advised Citycon on its €350 million offering of 5.25-year 5.000% green notes due 2030 (the “Green Notes”). The Green Notes were issued under the EUR 2.5 billion EMTN recently updated by Citycon with the assistance of Milbank, and were admitted to listing on the regulated market of the Irish Stock Exchange, Euronext Dublin.
Citycon is a leading owner, manager and developer of mixed-use real estate featuring modern, necessity-based retail with residential, office and municipal service spaces predominantly in urban markets in the Nordics. Citycon is committed to sustainable property management in the Nordic region with assets that total approximately EUR 4 billion. Citycon’s centers are located in urban hubs in the heart of vibrant communities with direct connections to public transport and anchored by grocery, healthcare and other services that cater to the everyday needs of customers.
The Milbank team was led by Corporate Finance & Securities partner David Dixter and associates Alexia Pimbli and Federica Venegoni.
