Verbund green bond prices through curve

By Jon Hay
13 Nov 2014

Verbund, Austria’s leading electricity company, launched its first green bond on Thursday – and the first from a company in the German-speaking region.

The Baa1/BBB+ rated firm is a rare issuer — this is only its third outstanding bond. That and its status as a utility 51% owned by the Austrian republic, offering some pick-up over German utilities, were bound to ensure strong demand.

But even so, bankers at ...

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