Lineage, Inc. announced the pricing of €700 million of 4.125% Senior Notes due 2031 by Lineage Europe Finco B.V.
The Notes will be senior unsecured obligations guaranteed by Lineage, Inc. and its subsidiaries.
Interest on the Notes will accrue at a rate of 4.125% per annum, payable annually on November 26.
The offering is expected to close on November 26, 2025, with the net proceeds intended for corporate purposes.
Offering Details
€700 million aggregate principal amount of 4.125% Senior Notes due 2031 priced at 99.324% of the principal amount.
Guarantees
The Notes will be fully guaranteed by Lineage, Inc., Lineage OP, LP, and other subsidiaries except for excluded ones.
Use of Proceeds
Net proceeds will be used to repay amounts under the revolving credit facility and for general corporate purposes.
- The pricing of the Senior Notes will strengthen Lineage, Inc.'s financial position and provide funding for future corporate activities.
- Guarantees by the Company and its subsidiaries enhance investor confidence in the Notes.
- Interest payments on the Notes at 4.125% per annum will impact the Company's cash flows positively.
The successful pricing of the Senior Notes reflects investor confidence in Lineage, Inc.'s creditworthiness and strategic direction, signaling a positive outlook for the company.