KfW and World Bank shine with landmark SRI bonds
KfW and the World Bank brought well received socially responsible bonds to the market this week that set new landmarks for the public sector borrowers.
KfW printed a no-grow €3bn May 2027 green bond with a spread of mid-swaps minus 21bp, 3bp tighter than guidance, from a final book of more than €8bn on Wednesday. Bank of America, Crédit Agricoleand UniCredit were the bookrunners.It was KfW’s largest ever green bond issue and the ...
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