Latham & Watkins Advises on Canary Wharf Group’s Debut Bond Issuance and Super Senior Revolving Credit Facility

Latham & Watkins represented the initial purchasers in connection with Canary Wharf Group Investment Holdings plc’s issuance of £350 million 2.625% Senior Secured Notes due 2025, £300 million 3.375% Senior Secured Notes due 2028, and €300 million 1.750% Senior Secured Notes due 2026 (the “Offering”) and its entry into a £30 million super senior revolving credit facility. The notes have been designated as green bonds and Canary Wharf Group intends to allocate an amount equal to the net proceeds from the Offering to the financing and refinancing of its green asset pool.

Canary Wharf Group is the largest London-based REIT focusing on the sustainable development, management and ownership of an iconic collection of prime office and retail space and build-to-rent apartments in Canary Wharf.

The Latham team was led by London partners Jeff Lawlis, Steve Curtis, Dan Maze, and Shatha Ali, with associates Lyndy Amato, Martin Corrigan, Olivia Molineux, Alistair McKechnie, Jess Donnellan, and Delyth Hughes.