Success for the £600m SNP Green Bond

Intesa Sanpaolo has successfully placed a new Senior Non Preferred Green issue dedicated to the UK market, for a nominal amount of £600 million. 

The operation is dedicated to finance/refinance all the categories described in the Intesa Sanpaolo Green, Social and Sustainability Bond Framework.

The order book exceeded £700m just an hour and a half after its launch, closing at around £1.2bn and garnering the interest of nearly 100 investors, 88% of which are ESG-dedicated.

In addition to Intesa Sanpaolo’s IMI CIB Division, Morgan Stanley, NatWest Markets and J.P. Morgan participated in the placement as Joint book runners.