DAVY VIEW

Kingspan has successfully completed a debut green bond sale. It has raised €850m from a two-part, 4-year and 7-year note at a fixed average coupon of 4.1% per annum. The bond was significantly oversubscribed and will support the group’s ongoing commitment to investment and expansion. Kingspan has proved itself an agile and astute allocator of capital through the cycle. We have a strong conviction that the group has entered a new exciting phase of growth and that it is poised to deliver excellent results and returns over the remainder of the decade and beyond.