CA Auto Bank debuts on the Green Bond market with a € 500 million transaction
CA Auto Bank priced today its inaugural €500 million Green Bond maturing in July 2028 with a fixed-rate coupon of 2.750 per cent.
CA Auto Bank priced today its inaugural €500 million Green Bond maturing in July 2028 with a fixed-rate coupon of 2.750 per cent.
The transaction marks the debut of CA Auto Bank as a green bond issuer under the Crédit Agricole Group Green Bond Framework and confirms its ambition to be a leading actor in green mobility, in accordance with its ESG strategy and Sustainability plan.
The proceeds of the Green Bond will be used by CA Auto Bank to finance and/or refinance battery electric vehicles, supporting CA Auto Bank’s electrification strategy.
This Green Bond issuance, structured and coordinated by Crédit Agricole CIB, was characterized by a very high quality order book, with € 2.15 billion collected from 112 international investors, confirming investors’ confidence in the CA Auto Bank Group.
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