Tennet builds its green curve with €1bn dual trancher

Cumbria-Windfarm 230x150
By Ross Lancaster
07 Jun 2016

Dutch state-owned electricity grid company Tennet was in the market on Monday with a dual tranche green bond that went beyond the usual green investor base by including a 20 year tranche alongside a more traditional 10 year.

A3/A- rated Tennet completed its roadshow for the offering last Thursday, attended by many familiar faces from the issuer’s last green bond outing.

“We had had a very pleasant roadshow with many of the investors that we met ...

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