Rentenbank makes ‘outstanding’ green benchmark debut

By Burhan Khadbai
15 Sep 2020

Rentenbank impressed SSA bankers on Tuesday as rolled out its debut benchmark green bond. The deal is expected to pay no new issue premium at the final spread.

Leads DZ Bank, ING, JP Morgan and Nordea were due to price a €1.75bn September 2027 green bond for Rentenbank at mid-swaps minus 9bp, 3bp inside of guidance, with a book of over €3.9bn.

“Rentenbank has gone like an absolute riot by the looks of ...

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