The German agency picked HSBC and Société Générale to arrange a series of meetings with fixed income SRI investors around Europe to market a euro denominated green bond. The meetings will take place during the week commencing August 28.
NRW.Bank last printed a green bond in November 2016, raising €500m with a 10 year deal. The proceeds funded water and energy projects in the State of North Rhine-Westphalia.
The agency sold its first green bond in 2013, printing €250m of four year paper.
NRW.Bank's green bond issuance adheres to the International Capital Markets Association’s Green Bond Principles. Its green bond programme is aligned with the UN’s sustainable development goals.
