Achmea announces intention to issue Green senior bond
Achmea B.V. has mandated ING as Green Bond Structuring Advisor for an intended issuance of a Green €500 million senior unsecured bond. Barclays, HSBC, ING, MUFG, NatWest Markets and Société Générale are appointed as Joint Lead Managers. The bond will be issued under Achmea B.V.’s €5 billion Debt Issuance Programme, dated 21 October 2022.
The expected rating of the forthcoming issuance is BBB+ by S&P and A- by Fitch. The intended issuance is expected in the near future, dependent on market conditions.
The intended issuance is the inaugural issuance under Achmea’s Green Finance Framework (GFF), dated 15 February 2022. The Use of Proceeds of the issuance are intended to (in)directly (re)finance green loans and investments.
Relevant stabilization regulations, including FCA/ ICMA stabilization apply. The target market is MiFID II professionals and Eligible Counterparties only (all distribution channels). No EU/UK PRIIPs key information document (KID) has been prepared as these instruments are not available to retail in the EEA and UK.