The European Investment Bank (EIB) has issued its third green bond of the year, taking it through the $1 billion mark, just weeks into 2016.
The £500 million ($712 million) Climate Awareness Bond (CAB), a tap of its inaugural sterling issue, puts EIB's issuance at $1.36 billion for the year, following earlier issues denominated in euros and Swedish Krona. The sterling CAB has a maturity of four years and a coupon of 2.25%.
The multilateral development bank was last year's biggest green bond issuer, with $4.8 billion worth of notes in 2015.
Barclays, Bank of America Merrill Lynch, HSBC and TD Securities were joint bookrunners on the deal.
Channels:Green Bonds
Companies:European Investment Bank
