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Prospect News home > News index > List of issuers B > Headlines for BayWa AG > News item
Published on 6/17/2019 in the Prospect News Green Finance Daily.

BayWa sets yield on euro-denominated five-year green bond at 3 1/8%

By Rebecca Melvin

New York, June 17 – BayWa AG set the yield on a euro-denominated benchmark offering of green bonds at 3 1/8% on Monday. Final terms were expected later Monday.

The offering was initially talked to yield in the area of 3¼%.

Deal size was expected to be €500 million with order books at €750 million at the time yield was set.

BNP Paribas, DZ Bank, ING and UniCredit are the bookrunners of the Regulation S deal.

Proceeds will be used to refinance green eligible projects.

BayWa is a Munich-based trading, logistics and services group.


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