Export Development Canada talks $300 million three-year green bond at mid-swaps plus 14 bps area

By Aleesia Forni

New York, Dec. 1 – Export Development Canada set price talk for a planned $300 million offering of three-year green bonds on Tuesday in the mid-swaps plus 14 basis points area, according to a market source and a 424B2 filing with the Securities and Exchange Commission.

BofA Merrill Lynch, Credit Agricole and Morgan Stanley & Co. LLC are the joint bookrunners.

Proceeds will be used for projects that are beneficial to the environment.

The government-backed agency for exporters is based in Ottawa.

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