Geneva Issues First Green Bond
A team comprising Frédéric Bétrisey and Tatiana Ayranova assisted the Republic and Canton of Geneva in connection with the issuance of green bonds listed on the SIX Swiss Exchange.
The issuance took place on 29 November 2017 and was divided into two respective tranches of CHF 420 million, with a maturity in 2027, and CHF 200 million, with a tenor of 14 years. Credit Suisse, UBS and Banque Cantonale de Genève acted as the joint lead managers.
This was the first issuance by a Swiss public institution of bonds that follow the ICMA Green Bonds Principles, 2016.