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In two years, Société du Grand Paris secures half of the Grand Paris Express financing

On Wednesday 07th October 2020, Société du Grand Paris successfully launched its fifth and sixth Green bond issuances under its Green EMTN programme, for a total amount of EUR 6bn split over two distinct tenors: EUR 3bn at 10-year (0% coupon) and EUR 3bn at 40-year (0.7% coupon). This represents the largest Green transaction ever issued by a non-sovereign issuer.

This new Société du Grand Paris transaction attracted over 230 investors on the 40-year tranche, and 185 investors on the 10-year tranche, for a total demand of EUR 18bn. Despite a global environment impacted by the Covid-19 crisis, international investors have reiterated their keen interest for the financing of the Grand Paris Express, confirming the credibility of Société du Grand Paris who now ranks 4th largest Green Bond issuers worldwide.

Read the full press release