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Eastern Europe-focused ProCredit starts roadshow for sub-benchmark three-year euro green bonds
By Rebecca Melvin
New York, Oct. 9 – ProCredit Holding AG & Co. KGaA began a roadshow on Tuesday regarding a euro-denominated, sub-benchmark green bond with a three-year tenor (expected rating: //BBB), according to a syndicate source.
After meetings held in Frankfurt, Paris, London and Amsterdam, the roadshow will wrap up on Friday, with a deal to price thereafter subject to market conditions.
Deutsche Bank and ING are joint bookrunners for the senior unsecured notes transaction.
Based in Germany, the development-oriented commercial banking group focuses on small and medium enterprises in Eastern Europe.
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