69% of the bond has been placed with international investors, 16% with state investors and 15% with investors from the Basque Autonomous Community. In addition, requests have been received for a value of 1,453 million euros.
The Basque Government today launched the sixth issue of the “Euskadi Sustainable Bond” for a value of €500 million to eleven years.
The demand has tripled the offer, since requests have been received worth 1,453 million eurosand the financial entities that have participated in this issue are Norbolsa, Santander, Caixabank, HSBC and Credit Agricole, as explained by the Basque Executive in a note.
In addition, the Basque Government assures that a 69% in international investors, -with Germany as the first investor country, followed by France, Holland, Austria and Great Britain-, a 16% in state investors and a fifteen% in investors of the Basque Autonomous Community.
The Executive “continues with the firm intention of playing an important role in the development of the sustainable bond market, and promoting responsible and efficient financing to address the environmental, economic and social challenges of Euskadi”.
the counselor Pedro Azpiazú He hopes that in 2023 the incorporation of other markets, mainly Asia, can be explored, given that the “experience developed during these last four years supports us as guarantors of sustainability”.
Source: Eitb
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