On 11 October, Caisse des Dépôts successfully launched a new €500m Sustainable Bond, with an interest rate of 3.375% and a maturity of 7 years. The order book brought together nearly 50 investors and reached more than €1.5bn.1 It is the 7th ESG2 bond issued by Caisse des Dépôts since 2017.
In 2023, Caisse des Dépôts strengthened its level of commitment as an ESG issuer, doubling its annual volume of sustainable issues from €500m to 1bn.
The funds raised will be used to finance green projects (22%) and social projects (78%) in the green property sector, the construction and thermal renovation of social housing, digital access and support for an ageing population.
Investors include 48.60% banks, 27.50% asset managers, 19.10% central banks and official institutions, and 8% insurance companies and pension funds. 52.50% are located in France.
For full details about the issue, read the press release (in French)
Find all the reports, policy, guidelines and other documents concerning Caisse des Dépôts' commitments in terms of sustainable development and corporate responsibility in our ESG Library
(1) Including the interest of the lead banks (Barclays Bank Ireland PLC, Commerzbank AG, Crédit Agricole CIB, La Banque Postale and Natixis).
(2) With environmental, social and governance performance.