Gecina successfully places a 500 million euro Green Bond issue with an 11-year maturity at 0.875%
Gecina has today successfully placed a new 500 million euro Green Bond issue, with a maturity of 11 years (maturing in January 2033) and a coupon of 0.875%.
In line with our 100% Green program, rolled out last year, this issue is based on the Green Bond format. This program, which was drawn up in 2021 and reviewed by an independent third party, aims to help drive environmental improvements across the Group’s entire asset portfolio.
This bond issue, placed with leading investors, highlights the market’s confidence in Gecina's credit rating.
This operation will enable the Group to once again extend the average maturity of its debt, under favorable financial conditions, and to continue building an optimal balance sheet and credit schedule.
BNP Paribas, Crédit Agricole CIB, CM-CIC, HSBC, Mediobanca, Santander and Société Générale were the bookrunners for this issue.
Gecina is rated A- / outlook stable by Standard & Poor’s and A3 / outlook stable by Moody’s.
To safeguard its communications, Gecina certifies its contents with Wiztrust. You can check their authenticity at www.wiztrust.com.
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Contacts
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Julien Landfried
Executive Director Communications, Public Affairs and Brand
