CaixaBank proves popular with green capital trade

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By Tyler Davies
09 Mar 2021

CaixaBank was well supported for the sale of a new €1bn tier two this week, becoming only the fourth European bank to issue a capital transaction in green format.

The Spanish lender opened books for a new 10.25 year non-call 5.25 tier two in euros on Tuesday morning.

Bank of America, CaixaBank, JP Morgan, Nomura and Société Générale were running the deal, which was structured as a green bond.

Investors quickly registered €1.5bn of orders behind initial ...

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