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#impact financing
#inclusive and sustainable growth
€1bn for local, sustainable and inclusive growth in the regions:
the Crédit
Whereas the current crisis is severely affecting the most fragile, the Crédit
A key issuer in the green bond market, the Group is today naturally broadening the field of its sustainable finance initiatives with this inaugural social bond issue.
This theme-based issuance contributes to the Group’s ambition, included in its
For
This inaugural issuance provides the Group with a framework for all its social bond issuances which includes:
- The economic development of territories in particular through the financing of SMEs to create employment in areas affected by a relatively high unemployment rate, and of investment in information and communication technologies in rural areas;
- Overall well-being due to the financing of associations working for the promotion of sports, access to culture and the development of solidarity initiatives, but also through the financing of social housing;
- Access to healthcare services through the financing of public hospitals and support for structures for the elderly as well as SMEs in the field of healthcare.
The Group will report each year on the social and societal impact of the asset portfolio refinanced through its social bonds.
This operation is a senior non-preferred issuance with a maturity of 7 years. It gathered strong interest from investors, as reflected by the granularity and quality of the order book. This issue was subscribed primarily by European investors.
It was structured by Crédit Agricole CIB – one of the global leaders in Green, Social and Sustainability bond arrangements.
Crédit Agricole Press Contacts
Olivier Tassain + 33 1 43 23 25 41 olivier.tassain@credit-agricole-sa.fr
Pauline Vasselle + 33 1 43 23 07 31 pauline.vasselle@credit-agricole-sa.fr
Bénédicte Gouvert benedicte.gouvert@ca-fnca.fr
See all our press releases at: www.credit-agricole.com - www.creditagricole.info
Attachment
- 2020 12 02 €1bn for local, sustainable and inclusive growth in the regions
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