KfW out with 15 year as ADB goes for green

euros fotolia 230x150
By Burhan Khadbai
14 Oct 2019

The euro SSA market kicked off this week with KfW targeting the long end and the Asian Development Bank (ADB) hitting screens for a 10 year euro green bond — its third syndicated bond in as many currencies in just a few days.

KfW has mandated Bank of America, Deutsche Bank and HSBC to lead a new euro trade, maturing September 2034.

“They’re looking for a €1bn sized deal in a tightly priced format versus benchmark,” said an SSA banker away from the mandate.

While 15 years is a ...

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