BayWa argues IG-equivalent for green issue

By Owen Sanderson
17 Jun 2019

German agriculture, energy, logistics and services group BayWa printed a €500m five year green bond on Monday, building a strong €750m book — despite some ambiguity about how to treat the unrated corporate.

BNP Paribas, the green structuring adviser, was joined by DZ Bank, ING and UniCredit as leads.

The company announced a five year deal of €300m-€500m to be priced on Monday, with the proceeds used to finance or refinance green projects.

Leads released initial price ...

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