By Rebecca Melvin
Concord, N.H., Aug. 24 – Societe du Grand Paris priced €1.5 billion of 15-year 0.3% senior green bonds on Tuesday at 99.227 to yield 0.353%, according to a market source.
Barclays, BNP Paribas, Credit Agricole CIB, J.P. Morgan and Societe Generale were bookrunners for the Regulation S deal.
All proceeds will be used to finance or refinance investments in one or more eligible green projects.
Societe du Grand Paris is a public establishment created by the state to build a new automatic metro system in Paris.
| Issuer: | Societe du Grand Paris
|
| Issue: | Senior green bonds
|
| Amount: | €1.5 billion
|
| Maturity: | Sept. 2, 2036
|
| Bookrunners: | Barclays, BNP Paribas, Credit Agricole CIB, J.P. Morgan and Societe Generale
|
| Coupon: | 0.3%
|
| Price: | 99.227
|
| Yield: | 0.353%
|
| Pricing date: | Aug. 24
|
| Settlement date: | Sept. 2
|
| Issuer ratings: | Moody’s: Aa2
|
| Fitch: AA
|
| Distribution: | Regulation S
|
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