Chicago, Nov. 29 – Societe du Grand Paris listed €3 billion of green bonds (Aa2), according to term sheets.
Weighted towards the 10-year tranche in terms of size, the issuer sold €1.75 billion of 0.3% notes due Nov. 25, 2031.
The notes priced with a 99.568 discount to yield 0.344%.
The longer-dated 30-year bonds priced as €1.25 billion of 1% notes due Nov. 26, 2051.
Pricing at 99.255, the notes yield 1.029%.
Bookrunners for the 10-year notes are BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs, Nomura and Societe Generale.
For the 30-year notes, listed bookrunners are Barclays, Credit Agricole CIB, J.P. Morgan, Natixis and NatWest Markets.
Proceeds from the Regulation S issue will be used to finance the Grand Paris Express automatic metro under the issuer’s green program.
Societe du Grand Paris is a public establishment created by the state to build a new automatic metro system in Paris.
| Issuer: | Societe du Grand Paris
|
| Issue: | Green bonds
|
| Amount: | €3 billion
|
| Trade date: | Nov. 24
|
| Settlement date: | Nov. 26
|
| Ratings: | Moody’s: Aa2
|
| Distribution: | Regulation S
|
|
|
| 2031 bonds
|
| Amount: | €1.75 billion
|
| Maturity: | Nov. 25, 2031
|
| Bookrunners: | BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs, Nomura and Societe Generale
|
| Coupon: | 0.3%
|
| Price: | 99.568
|
| Yield: | 0.344%
|
| ISIN: | FR0014006NV0
|
|
|
| 2051 bonds
|
| Amount: | €1.25 billion
|
| Maturity: | Nov. 26, 2051
|
| Bookrunners: | Barclays, Credit Agricole CIB, J.P. Morgan, Natixis and NatWest Markets
|
| Coupon: | 1%
|
| Bookrunners: | 99.255
|
| Price: | 1.029%
|
| ISIN: | FR0014006OB0
|
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