Clifford Chance advises Goldman Sachs International, J.P. Morgan and the joint bookrunners on the establishment of a €10 billion Euro Medium Term Note Programme for Mileway and the inaugural €1.5 billion dual-tranche issuance

Global law firm Clifford Chance has advised the arrangers and dealers on the establishment by Mileway through Mileway EUR Lux Holdco S.à r.l. of a €10 billion Euro Medium Term Note Programme and its inaugural €1.5 billion dual-tranche issuance.

Mileway, a Blackstone portfolio company, is the largest last mile real estate company in Europe, with a portfolio of assets across nine countries on the Continent. The business serves customers through a highly diversified, multi-tenant portfolio concentrated in supply-constrained urban logistics locations near key population centres and infrastructure hubs.

The transaction builds on Clifford Chance’s strong record of supporting on bond market financing for European real estate issuers.

The cross-practice team was led by partner Kate Vyvyan, senior associates Jeffery Hung and John Thomson and associate Bailey James with support from partner Michael Dakin, senior associate Yash Ranade and trainee solicitor Yuqiao Feng. Counsel Maxime Budzin advised on Luxembourg tax aspects. Partner Avrohom Gelber advised on US tax aspects. Partners Jemma Dick and Cameron Dwyer advised on UK tax aspects, with support from associates Stefaniya Yakubova and Marco Montanaro.

Press contact: Emma Cessford