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Insurance Asset News
Fixed Income

M&G property fund opens a €3 billion note programme with its first green bond

By IAN Editorial Desk
21 September 2026·1 min read
Primary source: group.mandg.com

The €500 million bond was 2.8x oversubscribed at a margin of 100 basis points.

M&G’s €5.4 billion European Property Fund has priced its first green bond, a €500 million deal announced on 16 September at a margin of 100 basis points for five-year money.

The bond is the first draw on a newly established €3 billion Euro Medium Term Note Programme, and with peak orders above €2.1 billion from more than 120 investors the…

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