Slaughter and May advised Landsec on the annual update of its EMTN programme

Slaughter and May advised Land Securities Capital Markets plc, a wholly-owned subsidiary of Land Securities Group PLC (“Landsec”) on the annual update of its secured £7bn multicurrency programme for the issuance of notes (the “Programme”).

As part of this update, the Programme moved listing venue from the main market of Euronext Dublin to the main market of the London Stock Exchange. Notes issued under the Programme may be issued as green bonds and the net proceeds from any such issuance of notes would be applied towards eligible green projects. 

Landsec is one of the leading real estate investment and development companies in the United Kingdom, with a £10bn+ combined portfolio of workspace, retail, leisure and residential properties.