BNG issues USD 2.5bn 5 Year Social Benchmark
16 January 2025
The trade was off to a lightning start resulting in Indications of Interest (“IOIs”) in excess of USD 5.2bn, BNG’s largest ever IOI-book to date. The book continued to grow to a final size of over USD 7bn including USD 350mn Joint Lead Manager interest.
We are very pleased with the result and appreciate the strong support from our investor community.
The proceeds of the bond will be utilised for lending to Dutch Social Housing Associations to finance their activities contributing to the UN SDGs, as defined in BNG's 'Sustainable Finance Framework'.
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Koen Westdijk, Head