NWB launches new social framework

greenhomes2_Fotolia_230x150
By Frank Jackman
21 May 2019

Nederlandse Waterschapsbank has inaugurated its updated social housing bond framework with a €1bn SRI issue. The new framework includes an environmental aspect alongside pre-existing social elements.

The Dutch agency sold a €1bn May 2027 note with a 0.125% coupon on Monday. Joint bookrunners Bank of AmericaHSBCRabobank and SEB priced the trade at 6bp below mid-swaps from a €1.4bn order book. The note was issued at 99.484.

An eight year maturity distinguished the social note ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.