GDF’s €2.5bn shows green bonds' growth

GDF Suez windfarm for new website
By Jon Hay
15 May 2014

GDF Suez issued by far the largest green bond on Monday, a €2.5bn deal that smashed the €1.4bn record set by Electricité de France in November. Demand totalled €7.5bn.

Both deals were the issuers’ first in the market, and they show just how far borrowers’ ambitions have come. Even though green bonds can be bought by any investor willing to buy the issuer’s normal paper, since they offer no difference in risk, the sheer scale of deals ...

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