Baker McKenzie has advised the Joint Lead Managers on Vesteda Finance B.V.'s successful issuance of a EUR 500 million Green Bond

Global law firm Baker McKenzie has advised the Joint Lead Managers on Vesteda Finance B.V.'s successful issuance of a EUR 500 million Green Bond which has a ten year maturity and carries a fixed interest rate of 0.750 per cent. Vesteda mandated ABN AMRO, BNP Paribas, J.P. Morgan, Rabobank and SMBC Nikko as Joint Lead Managers on the transaction.

Vesteda intends to use an amount equivalent to the net proceeds from the issuance of the Green Bond to exclusively finance or refinance assets which contribute to achieving Vesteda's sustainability goals and the EU environmental objective of Climate Change Mitigation, which assets may consist of energy efficient residential buildings and refurbished residential buildings or new residential buildings, as further described in the Vesteda Green Finance Framework.

The Baker McKenzie team that advised the Joint Lead Managers consisted of Moussa Louizi (Partner), Hugo van der Molen (Legal Director), Daniël Kelderhuis (Associate) and Puck van der Harst (Junior Associate).