Achmea prices green senior bond of €500 million

Today the price of the previously announced Achmea green senior €500 million issuance of Notes (the Notes) has been determined. The transaction was received well in the capital markets. It 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.

The green senior bond has a maturity of 3 years. The bond has been placed with a 90 basis point spread over the 3-year mid swap rate, against a price of 99.844% with a coupon of 3,625%.

The green senior bond is rated BBB+ by S&P and A- by Fitch and will be listed on the Euronext Dublin as per 29 November 2022. The bond has been placed by a syndicate of banks, consisting of Barclays, HSBC, ING, MUFG, NatWest Markets and Société Générale.

The Notes have been issued under the Achmea B.V. €5 billion Debt Issuance Programme, dated 21 October 2022 (available on www.achmea.com)