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Company & Organisation News - 10/01/2018

Vigeo Eiris, second party opinion on Engie’s Green Hybrid Bond issuance

Engie launched its first Green Hybrid Bond on 10 January 2018 of an amount of 1 billion euros, making Engie the largest Corporate issuer of Green bonds globally

The coupon of the bond, callable as from April 2023, has been set at 1.375%, representing the lowest coupon rate ever achieved by a corporate issuer for a hybrid bond. The proceeds of this issue will be allocated to the Group’s continued growth in renewable energy or energy efficiency projects, natural resources preservation projects.

Vigeo Eiris Second Party Opinion

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Keywords : Green bonds, Green bonds