Iren launches 500 million green bonds

October 17, 2017, 8:36 am | di FIRSTonline editorial team | 0

The 110-year issue gives a price indication of XNUMX points above the Midswap

Iren has started the placement of a 10-year bond loan which is part of its Green bond programme. The cut of the issue is 500 million and the maturity will be October 2027. The initial price indications are a spread of 110 points above the midswap. The stock will be rated BBB by Fitch. The issue is managed by Banca Imi, Goldman Sachs, Mediobanca, SocGen and Unicredit.

FIRSTonline editorial team

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