Kingdom of the Netherlands €5.98 billion 0.5% green bond issue

22/5/2019
Investment grade bond/note issue, Sovereign bond issue, Green bond issue

€ 5.98 billion

$ 6.665 billion

Completed

22/5/2019


Overview:

  • The Kingdom of the Netherlands has issued a €5.98 billion green bond.
  • The green bond has a coupon of 0.5% annually and is due in 2040.
  • The Dutch State becomes the first AAA-rated sovereign to issue a green bond. It is also the largest initial green bond to date in the Netherlands, and the second largest globally.
  • The proceeds of the green bond will be allocated to climate-related investments undertaken by the Dutch government. 

Prin Shasiharan - Researcher

Jurisdiction:

Netherlands

Deal types:

Investment grade bond/note issue
Sovereign bond issue
Green bond issue

Practice area:

Capital markets : Debt

Governing law:

Netherlands


Firm:

Party: Kingdom of the Netherlands (Issuer)

Lawyer: Peter Voorhees