RBI successfully continues its green bond strategy

18.09.2019

Raiffeisen Bank International AG (RBI) has successfully placed its second benchmark green bond issuance today and confirms its commitment to the green bond market.

 

Second green benchmark issue meets growing investor demand

Raiffeisen Bank International AG (RBI) has successfully placed its second benchmark green bond issuance today and confirms its commitment to the green bond market.

The new issue, targeting institutional investors, raised EUR 750 million for 7 years and carries a 0.375 per cent coupon, equivalent to 75 basis points over mid swaps. With demand in excess of EUR 1.8 billion, the orderbook was significantly oversubscribed. The proceeds from the bond will be used to finance environmentally friendly housing and commercial real estate, as well as green transport infrastructure and transportation projects in Central and Eastern Europe.

“We want to make our contribution towards more sustainability. Green bonds are an important pillar of our sustainability strategy and provide an interesting investment opportunity for investors“ said Martin Grüll, CFO of RBI, about the issuance. “The high level of demand shows that green bonds are no longer a niche topic and are met with wide interest from investors“ explains Grüll.

RBI regards Austria, where it is a leading orporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 13 markets of the region are covered by subsidiary banks. Additionally, the RBI Group comprises numerous other financial service providers, for instance in leasing, asset management or M&A.

Around 47,000 employees service 16.4 million customers through more than 2,100 business outlets, the by far largest part thereof in CEE. RBI's shares are listed on the Vienna Stock Exchange. The Austrian Regional Raiffeisen Banks own around 58.8 per cent of the shares, the remainder is in free float. Within the Austrian Raiffeisen Banking Group, RBI is the central institute of the Regional Raiffeisen Banks and other affiliated credit institutions.

For further information please contact:
Ingrid Krenn-Ditz (+43-1-71 707-6055, ingrid.krenn-ditz@rbinternational.com) or
Christof Danz (+43-1-71 707-1930, christof.danz@rbinternational.com)
http://www.rbinternational.com