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Banco Santander EUR1bn 0.3% Oct 26 preferred green.

Authors :
Freitas, David
Source :
Global Capital; 10/21/2019, pN.PAG-N.PAG, 1p
Publication Year :
2019

Abstract

Keywords: Santander; senior; preferred; bonds; green; SRI B Rating b : A2/A+/A- B Amount b :€1bn green bond B Maturity b :4 October 2026 B Issue/reoffer price b :99.779 B Coupon b :0.3% B Spread at reoffer b :mid-swaps plus 65bp B Launched b :Tuesday, October 1 B Payment date b : October 4 B Joint books b :Mediobanca, Natixis, Santander, Société Générale, UniCredit B Borrower's comment: b Banco Santander today successfully issued a €1bn green bond to start its global sustainable debt issuance plan. This sustainable debt issuance plan, which aims to finance or refinance green, social or sustainable activity, is one of Santander's responsible banking initiatives, which include the commitment to support more than €120bn in green finance from 2019 to 2025 and to financially empower more than 10 million people. [Extracted from the article]

Details

Language :
English
ISSN :
20552165
Database :
Complementary Index
Journal :
Global Capital
Publication Type :
Periodical
Accession number :
139214057