ADIF-AV €600 million 0.8% green bond issue

Overview:

• ADIF-AV has issued a €600 million green bond issue.
• The 0.8% bonds are due 2023.
• The bonds were placed through a syndicate of banks, led by BBVA, BNP Paribas, Crédit Agricole and Santander.
• Adif- Alta Velocidad is part of the Spanish Ministry of Public Works and this makes the green bond the first ever issued by a publicly-owned company.
• The proceedings will be used to build new railway lines and improve the energy efficiency of the existing ones.

Katrin Kostadinova - Data analyst