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Banca Popolare di Sondrio starts calls for €500 million of green notes
Chicago, Sept. 18 – Banca Popolare di Sondrio SCpA started investors calls for a new €500 million offering of green notes (//BB+/DBRS: BBBL), according to a market source.
The calls started Monday for the five-year notes with four years of call protection.
The size is set and will not grow.
IMI-Intesa Sanpaolo is the global coordinator.
Banca Popolare di Sondrio SpA, BNP Paribas, Citi, Deutsche Bank, IMI - Intesa Sanpaolo, Santander and UniCredit are the joint bookrunners.
Proceeds will be allocated for use on eligible green projects.
The lender is based in Sondrio, Italy.
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