Brief: VGP Successfully Issues Senior Unsecured Green Bonds For 1.0 Billion Euros

VGP NV

10/01/2022 17:06

Jan 10 (Reuters) - VGP NV  VGP1.BR :
    * SUCCESSFULLY ISSUES € 1.0 BILLION SENIOR UNSECURED GREEN
BONDS
ACROSS TWO TRANCHES OF 5-YEAR AND 8-YEAR
    * NEW ISSUANCE HAS BENEFITTED FROM A GREAT MARKET RECEPTION
WITH
TOTAL DEMAND JUST UNDER 2.5 TIMES COMBINED VOLUME OF OFFERING
    * EUR 500 MILLION 5-YEAR BOND PAYING A COUPON OF 1.625 PER
CENT
P.A. AND MATURING ON 17 JANUARY 2027 AND A EUR 500 MILLION
8-YEAR BOND PAYING A COUPON OF 2.250 PER CENT P.A. AND MATURING
ON 17 JANUARY 2030
    * BONDS WILL BE LISTED ON LUXEMBOURG STOCK EXCHANGE
(EUROMTF).
SETTLEMENT AND ADMISSION TO TRADING OF NOTES ARE SCHEDULED FOR
17 JANUARY 2022.
    * BANKS ACTING ON TRANSACTION AS BOOKRUNNERS ARE BELFIUS
BANK, BNP
PARIBAS, J.P. MORGAN AG AND KBC BANK NV
    * THE PROCEEDS FROM THIS ISSUANCE WILL BE USED TO FINANCE
AND /OR
REFINANCE A PORTFOLIO OF ELIGIBLE ASSETS IN ACCORDANCE WITH THE
VGP GREEN FINANCE FRAMEWORK DATED MARCH 2021

Source text for Eikon:  ID:nGNEwgYFY 
Further company coverage:  VGP1.BR 

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