MuniFin scores with green euro debut in scorching market
One borrower took advantage of an excellent backdrop to scoop up its first green funding in euros at an attractive level on Tuesday, while a second issuer is lining up to follow suit in dollars.
KfW has picked banks for a $1bn no-grow five year global green bond, mandating Bank of America Merrill Lynch, RBC Capital Markets and TD Securities to run the books. The leads circulated initial price thoughts of 12bp are over mid-swaps.
“The market is just
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