Iberdrola successfully closed a double-tranche transaction for a combined amount of €1.5 billion: €750 million with a six-year maturity and €750 million with a ten-year maturity, in both cases in green format, increasing the amount expected due to the high demand received. With...
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Iberdrola successfully closed a double-tranche transaction for a combined amount of €1.5 billion: €750 million with a six-year maturity and €750 million with a ten-year maturity, in both cases in green format, increasing the amount expected due to the high demand received.
With massive support from fixed income investors, the company has completed its first transaction in the capital markets since presenting to investors the update of its strategic outlook.
The facility was placed among a total of 230 investors, of which 158 participated in the six-year tranche and 178 in the ten-year tranche (many participating in both tranches simultaneously). Investors were overwhelmingly from different European countries, as well as from the UK.
The funds raised will be allocated to green eligible assets, as defined in Iberdrola's Green Financing Framework.
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