RBC to go green in euros amid run of Canadian senior deals

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By David Freitas
23 Apr 2019

Royal Bank of Canada said on Tuesday that it was looking at the euro market for its first green senior unsecured bonds, at a time when issuers seem to be more in control of pricing than investors.

The Canadian bank chose BNP Paribas, Crédit Agricole, Danske Bank, ING, RBC Capital Markets and Société Générale to run its inaugural green transaction.

The fixed rate senior bond will have a five year maturity, and is expected to be rated A2/A/AA.

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