SEGRO plc’s £907 Million Private Placement of Ordinary Shares

Cravath represented SEGRO plc in connection with its private placement of approximately £907 million of new ordinary shares. SEGRO plc is a UK Real Estate Investment Trust (“REIT”) and a leading owner, manager and developer of modern warehouses and industrial property. The shares will be listed on the London Stock Exchange and Euronext Paris. The transaction closed on March 1, 2024.

The Cravath team included partner Philip J. Boeckman and associates Katherine R. Booth and Apollonia Persianis on capital markets matters, and partner Andrew T. Davis and associate Christopher M. Winters on tax matters.