CTP announces the signing of a €1.3 billion Revolving Credit Facility

AMSTERDAM, 19 November 2024 – CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the successful signing of a 5-year €1.3 billion Revolving Credit Facility (“RCF”).

The fully undrawn RCF serves as a back-up facility, and replaces CTP’s previous €550 million RCF, following the growth of the Company.

The RCF is sustainability-linked with the margin being adjusted subject to CTP achieving certain defined sustainability KPI’s, including the percentage of EPC certificates with grade “A” or better, the roll-out of solar PV, and the percentage of lettable area covered by Green Leases.

The RCF syndicate includes 15 banks, with Citi and ING as Coordinators and Citi, ING and SMBC Group as Sustainability Coordinators.

CONTACT DETAILS FOR ANALYST AND INVESTOR ENQUIRIES:
Maarten Otte, Head of Investor Relations
Mobile: +420 730 197 500
Email: maarten.otte@ctp.eu

CONTACT DETAILS FOR MEDIA ENQUIRIES:
Patryk Statkiewicz, Group Head of Marketing & PR
Mobile: +31 (0) 629 596 119
Email: patryk.statkiewicz@ctp.eu

About CTP

CTP is Europe’s largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area, owning 12.6 million sqm of GLA across 10 countries as at 30 September 2024. CTP certifies all new buildings to BREEAM Very good or better and earned a ‘Negligible-Risk’ ESG rating by Sustainalytics, underlining its commitment to being a sustainable business. For more information, visit CTP’s corporate website: www.ctp.eu