Caisse des Dépôts successfully issued a new sustainable bond, its 3rd one since 2017, for €500mn with a maturity of 5 years. This new benchmark bond was issued at a spread of +18 basis points over interpolated French government bonds.
The €500m transaction was a real success with an order size of more than €3.1bn, i.e. an investment offer 6 times higher than the target amount. The order book attracted a large number of investors, 110 in total. The transaction enables Caisse des Dépôts to strengthen its presence on the capital markets and its signature as a responsible investor.
The funds raised will be used to finance green (90%) and social (10%) projects in key sectors :
- Infrastructure for the production and storage of green energy and heat;
- Green real estate ;
- Sustainable transport and mobility;
- Eco-efficient data centers;
- Digital access ;
- Health and medico&social services.
As a long-term investor, Caisse des Dépôts is mobilizing its financial means and expertise as part of its Recovery Plan for green and inclusive development that benefits all regions.
Sustainable issues are also consistent with the United Nations' Sustainable Development Goals by contributing to a fair transition to carbon neutrality, the development of human capital and the fight against social inequalities.
To find out more about the terms and conditions of the bond issue, read the press release (in French)
Know more about the Caisse des Dépôts' Green, Social and Sustainable Bonds