Corporate green bonds
BPCE, one of the largest banks in France, issues €300m ($328.6m) inaugural green bond - (1.125%, A/A2, 7yrs)
BPCE, France’s second largest bank, issued its inaugural bond of €300m for renewable energy projects in the country. Rated as A (S&P, Fitch) and A2 (Moody’s), the bond comes in €300m ($328.6m), offering 1.125% coupon and 7-yr tenor. Natixis is the sole underwriter for this issuance.