EQS-News: Zug Estates shifts fully to sustainable financial instruments
Retrieved on:
Wednesday, January 19, 2022
Zug Estates Holding AG today issued a second green bond for CHF 100 million.
Key Points:
- Zug Estates Holding AG today issued a second green bond for CHF 100 million.
- This means that the bond portfolio consists entirely of financial instruments focused on sustainability.
- Having been the first Swiss real estate company to issue a green bond back in September 2019, Zug Estates today issued another green bond for CHF 100 million, with a coupon rate of0.75%, a term of7.17years and payment due on 17 February 2022.
- In line with the Zug Estates Group's sustainability strategy, this second green bond means that the Zug Estates bond portfolio consists entirely of financial instruments focused on sustainability.