GreenVolt wants to raise €75 million through green bond offering

  • ECO News
  • 20 October 2021

GreenVolt has mandated two banks to act as "coordinators" for a private offering of sustainability-linked bonds.

GreenVolt is preparing a private offering of sustainability-linked bonds, through which it intends to obtain minimum funding of €75 million, according to a statement sent to CMVM.

The Portuguese listed company has mandated BIG and Haitong Bank to act as “joint global coordinators” for this particular “potential private offering”, which is part of its “strategy” of “financing sources’ diversification”.

According to the company led by João Mando Neto, this issue “will be carried out in accordance with the Green Bond Framework” stipulated by the company itself and will be “supported by a Second-Party Opinion issued by an independent company, specialised in research, ratings and ESG information).”