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VGP closes €80M private bond placement

VGP NV closed its private placement of 3.35% fixed-rate bonds with qualified investors, having raised €80 million.

The bonds will be issued March 30.

The company earlier announced March 30, 2025, as the maturity date for the bonds. Proceeds from the placement are intended to fund the development of new projects and the company's land bank expansion, among other purposes.