Groupe BPCE successfully completes its inaugural European Green Bond issuance for €1.5 billion
Summary
Groupe BPCE announces today the success of its inaugural European Green Bond (EuGB) issuance, thus becoming the first private banking group in France to issue under this new European standard, the most stringent in terms of green finance.
This €1.5 billion issuance, maturing in January 2033, generated strong investor interest with demand exceeding €5 billion from nearly 150 investors. The coupon was set at 3.125%, with a final spread of 36 basis points above mid-swap. In accordance with the EuGB regulation requirements, the proceeds will be exclusively allocated to the financing and refinancing of real estate receivables aligned with the European taxonomy.
The transaction marks an important milestone in Groupe BPCE’s commitment to financing the environmental transition. By adopting this new European standard, Groupe BPCE confirms its ambition to be at the forefront of sustainable finance and to offer investors financial instruments providing the highest level of transparency and environmental impact.
This transaction continues Groupe BPCE 's regular presence in the capital markets and illustrates its ability to combine innovation, financial discipline and commitment to ecological transition.
Contact
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Christophe Gilbert
Head of Press Relations & E-Reputation at Groupe BPCE
