Yahoo! / February 10, 2022
Latest institutional bond issuance of $275 Million underscores investors’ continued confidence in IRG and the U.S. industrial market
In
News
LOS ANGELES–(BUSINESS WIRE)–IRG Industrial, LLC (IRG), one of the country’s largest private owners of industrial properties, announced today that it has completed its second institutional private placement bond offering of $275 million of senior unsecured notes to support its growing business. This latest round of bond financing brings IRG’s total financings over the last 12 months to more than $1 billion. With this latest offering, the company has received investments from 18 institutional investors. Goldman Sachs and JP Morgan Chase served as placement agents for the offering.
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