FRANKFURT - Deutsche Bank AG (NYSE:DB), Frankfurt announced today that Citycon Treasury B.V. has successfully completed the issuance of EUR 350 million in green notes without the need for stabilisation actions. The securities, guaranteed by Citycon Oyj, Finland, have been issued with a 5% coupon and are due on March 11, 2030.
The issue price of the green notes was at 99.348%, with a spread over the benchmark German government bond standing at +329.7 basis points. The ISIN code for these securities is XS2956850189.
The announcement follows a prior notice on December 4, 2024, indicating the potential for stabilisation activities. However, no such measures were taken by the stabilisation managers, which included Danske Bank (CSE:DANSKE), Deutsche Bank (ETR:DBKGn), Nordea, OP Corporate Bank, SEB, and Swedbank.
It is important to note that the securities mentioned have not been registered under the United States Securities Act of 1933 and, as such, may not be offered or sold within the United States absent registration or an exemption from registration. There has not been, nor will there be, a public offering of the securities in the United States.
This issuance marks an addition to the growing market for green bonds, which are designed to fund projects with environmental benefits. The completion of the issue without the need for stabilisation indicates a stable demand for such financial instruments.
This information, based on a press release statement, is provided by RNS, the news service of the London Stock Exchange (LON:LSEG) and is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom (TADAWUL:4280). Terms and conditions relating to the use and distribution of this information may apply.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.