Starting from September, 28th will be listed on ExtraMOT PRO
Starting from September, 28th
Borsa Italiana welcomes CDP's Sustainability Bond
- The first Sustainability Bond in the green and social segment of the Borsa Italiana bond market launched in March 2017
- CDP's Sustainability Bond involves €00 million intended to provide resources to fund investments in the country in the water industry
From today Cassa depositi e prestiti S.p.A. (CDP) will list its first Sustainability Bond on the Borsa Italiana ExtraMOT market, in the segment dedicated to green and social bonds established to offer institutional and retail investors the opportunity of investing their capital where the proceeds will be applied to environmental and social or social projects.
Specifically, it involves the first Sustainability Bond from an Italian corporate issuer, consistent with the International Capital Markets Association’s guidelines,which will enable the funding of various environmental and social projects in the following four different areas: Infrastructure and Urban Development, Education, SME Finance, Energy and Environment. Like the previous Social Bond, this bond issue also draws its inspiration from the United Nations Sustainable Development Goals.
The issue involves €00 million, at a fixed rate, not subordinated and not backed by guarantees, aimed at institutional investors and mainly targeted to the so called Socially Responsible Investors. The transaction comes under the Debt Issuance Programme (DIP), CDP's medium-/long-term issue programme of €0 billion, for a 5-year term (expiring in September 2023), with an annual coupon of 2.125% and a price of 99.766%.
Pietro Poletto, Global Head of Fixed Income Products for LSEG (London Stock Exchange Group) said:
Fabio Massoli, Head of CDP Finance:
Please download the Press release in PDF: (
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Please download the Public Notice: (
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