PepsiCo Egypt to invest EGP 200 m to empower next generation of football talent over next 3 years
PepsiCo Egypt announced the launch of “Pepsi Stars”, a groundbreaking football development program, at EGP ...
EBRD prices its largest ever green bond transaction at EUR 1 bn
The European Bank for Reconstruction and Development (EBRD) priced its largest ever green bond transaction, a EUR 1 billion 7-year benchmark.
The new issue marks EBRD’s return to the EUR market after a three-year absence. It follows from EBRD’s $ 1 billion 10-year and $ 2.5 billion 5-year transactions from earlier this year.
The green bond was issued off EBRD’s Environmental Sustainability Program, where proceeds are earmarked to support a specific portfolio of green projects (the “Green Project Portfolio” or “GPP”), which currently comprises investments included in the following 5 areas; Energy Efficiency, Renewable Energy, Water Management, Waste Management, Pollution Prevention and Control/Sustainable Transport.
Encouraged by a positive market backdrop recovering from recent volatility on the back of snap French elections, the mandate for a new EUR 7-year green transaction was announced on Tuesday 9th July.
The transaction attracted impressive demand from high quality green bond investors.
The new issue was joint-lead managed by BNP Paribas, Credit Agricole CIB and NatWest Markets.
اترك تعليقا