Caisse des Depots et Consignations to price sustainability bonds

Chicago, April 24 – Caisse des Depots et Consignations (Aa2/AA/AA-) hired bookrunners for a new five-year sustainability bond offering with expectations of launching it soon, according to a market source.

The €1 billion size will not grow.

The prospective issuer mandated BNP Paribas, Citigroup, Commerzbank, La Banque Postale and Societe Generale as lead managers.

Distribution will be through Regulation S.

Proceeds will be used for eligible projects under CDC’s green, social and sustainability bond framework.

The public sector financial institution is based in Paris.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.