NBG gives Greece its first green bank bond

Tyler Davies

October 01, 2020 01:00 pm

National_Bank_Greece_PA_575x375_300920 — 10 February 2010 - Athens, Greece - National Bank of Greece. Goldman Sachs Group Inc. recently cut the National Bank of Greece to "Sell" from "Neutral." Photo Credit: Corentin Fohlen/Sipa Press/1002101601 | FOHLEN CORENTIN/SIPA/SIPA USA/PA Images

National Bank of Greece (NBG) has become the lowest rated bank to issue green debt, after winning two times as much demand as it needed for a €500m senior bond on Thursday. The trade formed part of a flurry of green issuance in the FIG market, alongside new deals from Banque Fédérative du Crédit Mutuel and Mizuho Financial Group.

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Topics

Green and Social Bonds Greece Monte dei Paschi EMEA ING BBVA Mizuho Senior Debt BNP Paribas Natixis Europe HSBC SRI FIG Covered Bonds

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Tyler Davies