Highly successful placement of a Green Senior Preferred benchmark issue with a maturity of 5 years
Belfius Bank SA/NV (“Belfius”) launched today a 5-year Green Senior Preferred benchmark issue. The EUR 750 million notes bear an annual coupon of 3.875%. Investor demand was strong with a book more than twice oversubscribed. This allowed to price the issue at a reoffer spread over euro mid swaps of 90 basis points.
Belfius has a clear strategy of being meaningful and inspiring to the Belgian society. Belfius’ sustainable ambitions were focused on 6 commitments towards 2025 on which Belfius will report transparently. The issuance of its second green bond perfectly fits in the ESG strategy of Belfius.