1. What is a Sustainable Bond? How does it work?

A Sustainable Bond is a senior unsecured bond transaction with the same financial and contractual terms as any other senior unsecured transaction. When issuing a Sustainable Bond, the issuer takes the following additional commitments:

  • Allocate the bonds proceeds to Green and/ or Social Projects or expenditures, defined according to a predefined set of Eligibility Criteria,
  • Provide investors with a reporting on the projects that have been financed by using the Sustainability Bond proceeds.
  • Sustainability Bonds are widely thought to be a very interesting instrument to attract more investments for sustainable projects, thanks to a simple instrument, easily accessible to any responsible investor and relying on the investments made by existing large issuers.