DGAP-News: DIC Asset AG prices first Green Bond of EUR 400 million - another building block to finance its growth
Retrieved on:
Wednesday, September 15, 2021
ICMA, CEO, HSBC, Investor relations, Relevance (Person of Interest), Frankfurt, Leadership in Energy and Environmental Design, The Order, United Nations, Person, Map, First Nations in Ontario, News, United Kingdom, S&P Global Ratings, DIC, GBF, International Capital Market Association, DGAP, Acquisition, Sale, European Union, European Union (Withdrawal) Act 2018, ISIN, Building, FSMA, S&P, II, Euro, Green, AMERICA, Sustainalytics, Goldman Sachs, ESG, Sustainable Development Goal 9, SDAX, Financial Services and Markets Act 2000, Financial services, EUR, Climate, European Economic Area, Finance, Security (finance), Bank, Real estate, Online gambling, Cryptocurrency, Life insurance
The order book was significantly oversubscribed which lead to an upsizing of EUR 100 million, compared to the initial target volume.
Key Points:
- The order book was significantly oversubscribed which lead to an upsizing of EUR 100 million, compared to the initial target volume.
- "Today's bond marks the next milestone we are clearing as part of our success story in green finance.
- The Green Bond helps us to further diversify our financial structure and make it even more flexible," adds Patrick Weiden, Chief Capital Markets Officer (CCMO) of DIC.
- Moreover, the green bond was prepared in line with DIC's Green Bond Framework ("GBF"), which sets out the parameters for placements of bonds with green use of proceeds.