UBS debuts green framework with dual currency salvo

Frank Jackman

June 22, 2021 01:15 pm

UBS_Adobe_575x375_29July2020 — UBS Europe SE, UBS, Luxembourg, branch, Union Bank of Switzerland, Swiss Bank, Bank, Financial Institution, Investment Banking, money, bank, business, financial, brand, logo, symbol, sign, office, finance, market, investment, insurance, subsidiary, private banking, wealth management, managed, services, universal, corporate, banking, swiss, switzerland, zurich, banks, global, union, exterior, brand, public finance, mortgage, retail, savings, euro, banking, Finance, Logo, Signet, Luxemburg, Luxembourg, May 2012, Photo-ID: IEC38796 | nmann77 - stock.adobe.com

UBS made its first foray into the green bond market as an issuer on Monday, landing a €500m operating company deal at a level bordering on zero yield, which could embolden other lower spread issuers to follow. The visit to euros was paired with a seven year deal in the Swiss bank’s home market.

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Topics

Green and Social Bonds Senior Debt SEB Natixis UBS Erste Group Bank ABN Amro SRI FIG

FJ

Frank Jackman

Corporate Debt Editor