Groupama preps first green tier three
![Green index_adobe_575x375](https://assets.euromoneydigital.com/dims4/default/575229a/2147483647/strip/true/crop/575x360+0+0/resize/840x526!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F40%2F49%2F4d221861aa1c2753d5bcabb344a0%2Fgreen-index-adobe-575x375.jpg)
Groupama announced on Monday plans to sell the first tier three note with an environmental, social and governance (ESG) label, with bankers confident that the pick-up to non-preferred paper will entice green funds into the deal.
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