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Published on 6/8/2021 in the Prospect News Green Finance Daily.

New Issue: Korian issues £200 million 4.125% perpetual green bonds

By Wendy Van Sickle

Columbus, Ohio, June 8 – Korian issued £200 million of 4.125% unrated non-convertible perpetual green bonds, according to a news release.

The bonds have a call date in June 2024.

Proceeds will be used to upgrade, acquire and develop health care real estate properties principally in the United Kingdom.

Korian is a Paris-based care and support services provider for the elderly.

Issuer:Korian
Issue:Non-convertible perpetual green bonds
Amount:£200 million
Maturity:Perpetual
Coupon:4.125%
Call option:Starting in June 2024
Announcement date:June 8

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