Green bond

Eurobank announced on Wednesday it had successfully completed the pricing of 850-million-euro Green Senior Preferred Notes.

The notes are expected to be assigned an investment grade rating of Baa2 from Moody's, following the bank's recent upgrade to investment grade from the same agency.

The Piraeus Bank is issuing a green senior preferential bond, Bloomberg reports.

The issue is estimated to be worth €500 million.

The issue has been assigned to BNP Paribas in partnership with BofA Securities, Commerzbank HSBC and IMI- Intesa San Paolo who will jointly run the offering book.

İşbank, the largest private lender by asset, has become the first bank to issue Turkish Lira-denominated green bonds in Türkiye.

In a filing with Borsa Istanbul, the bank said it completed the issuance of the 500 million lira nominal valued green bonds with 728 days of maturity.

Bonds with floating rates and quarterly coupon payments were sold to qualified investors.