Two French public sector borrowers are preparing to return to the green bond market, with the latter going on a roadshow to plug its first benchmark issue since 2017.
Société du Grand Paris (SGP) has mandated Crédit Agricole
, Goldman Sachs
and JP Morgan
for a May 2050 euro benchmark Reg S green bond. Initial price thoughts are 40bp over the 1.50% May 2050 OAT. The leads are taking indications of interest ahead