Vesteda’s green debut comes 5bp under curve as UK funds lead €3bn orderbook

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By Alex Radford
16 May 2019

Vesteda, the Dutch housing company, proved there was plenty of hunger for green bonds on Thursday, when its first issue of the kind, a €500m no-grow eight year, hoovered up orders to finish six times oversubscribed.

Vesteda, rated BBB+ (stable), will use the money to finance or refinance buildings with an EU Energy Performance Certificate of A, or to refurbish buildings to raise their EPC to at least C.

Its Green Finance Framework was reviewed by Sustainalytics and confirmed to be aligned with the ...

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