SNCF Réseau hits screens with 17 year green trade

SNCF PA 230x150
By Mike Turner
26 Jun 2019

SNCF Réseau has announced initial price thoughts on a 2036 green benchmark in euros.

The Aa2/AA/AA rated name is taking indications of interest at 40bp area over the 1.25% May 2036 OAT.

Barclays, Citi, Goldman Sachs, JP Morgan and Société Générale are running the transaction, which is expected to be Thursday’s business.

SNCF Réseau will use the financing for eligible green projects ...

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