ADIF-Alta Velocidad issues green bonus worth $692.6 million

Spain-based ADIF-Alta Velocidad (ADIF AV), a state-owned public corporate entity, has issued bonds worth $692.6 million. These bonds are issued under the format of “green bonus”, where the income obtained from the bonds will be used to finance or refinance projects with environmental or climatic benefits. A syndicate of international banks comprising Banco Bilbao Vizcaya Argentaria, BNP Paribas, Credit Agricole and Santa der has decided the tenor of the bonds to be six years with an annual interest of 0.8 per cent.

GET FREE ACCESS TO OUR ARTICLES

Enter your email address