Investors supporting these landmark transactions included:
The 7-year USD-denominated bond carries a semi-annual coupon of 3.125% per annum and matures on
The 9-year EUR-denominated bond carries an annual coupon of 0.625% per annum and matures on
Kerim Kaskal, CIO at AP3 said: "AP3 is proud to participate in IBRD's new green bond issue. Ten years ago, we invested in IBRD's first green bond, and since then it has been an important goal for AP3 to promote the green bond market in order to address global climate challenges. We are very happy to have made a contribution towards a more sustainable world through IBRD's green bond projects all over the world."
Michael Kjeller, Head of
Joint Lead Manager Quotes
"This ground-breaking dual-tranche green transaction, in both euros and US dollars, very nicely highlights the 10th anniversary of the IBRD's first green bond. It also demonstrates, once again, and in challenging market conditions, IBRD's capacity to attract new investors to this growing asset class. We are honored to have assisted them on this deal." said
"IBRD's dual tranche 9-year
"It is great to see such a great engagement around the 10-year green bond anniversary and even more encouraging to see the commitment, drive and action which the investors' society shows to support climate investments. At SEB we are proud to be a part of this transaction and happy to see how the work with green bonds has inspired many colleagues to find ways to identify how intermediaries in collaboration with clients, can develop financial solutions to deal with waste and pollution challenges. We are looking forward to continue being a part of integrating societal task into investment strategies." said
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Investor distribution of the
View tables here: http://www.worldbank.org/en/news/press-release/2018/11/13/world-bank-marks-10-year-green-bond-anniversary-with-landmark-issuance-us-1-2-billion-issuances-bring-world-bank-green-bond-program-to-us-12-6-billion
* This press release does not constitute an offer for sale of the securities described. The offering and sale of the securities described in this document are subject to restrictions under the laws of several jurisdictions. Securities may not be offered or sold except in compliance with all such laws.