{"id":80579,"date":"2019-06-19T06:12:00","date_gmt":"2019-06-19T04:12:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/the-second-issuing-of-ratp-green-bonds-an-outstanding-success\/"},"modified":"2019-06-19T06:12:00","modified_gmt":"2019-06-19T04:12:00","slug":"the-second-issuing-of-ratp-green-bonds-an-outstanding-success","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/the-second-issuing-of-ratp-green-bonds-an-outstanding-success\/","title":{"rendered":"The second issuing of RATP Green bonds an outstanding success"},"content":{"rendered":"<p>The proceeds generated by this loan will be entirely dedicated to RATP\u2019s financing of three<br \/>\nmajor investment projects:<\/p>\n<ul>\n<li> <strong>The energy transition of the network of 4,700 buses operated by RATP in the \u00cele-de-France<br \/>\nregion (conversion of the bus depots, renewal of the bus fleet), with the aim of<br \/>\ncommissioning a 100% eco-friendly bus fleet by 2025<\/strong>, serving 1 billion passengers yearly. The<br \/>\ngoal of this plan is to have a 50% reduction in greenhouse gas emissions generated by buses<br \/>\noperating on the RATP network by this date.<\/li>\n<li> <strong>The restructuring of the Vaugirard workshop site<\/strong>, a wide-scale and innovative urban mixity<br \/>\nproject in Paris\u2019s 15th arrondissement, seamlessly incorporating two industrial sites (train and<br \/>\nequipment maintenance workshops), housing and green spaces. The renovation of the site will<br \/>\ncreate a new neighbourhood structured around a new street, with 400 housing units, half of<br \/>\nwhich will be social housing, and will include a 700 m2 area dedicated to urban agriculture and a<br \/>\n15,000 m2 green roof, the largest in Paris.<\/li>\n<li> <strong>The renewal of metro line 14\u2019s rolling stock<\/strong>, with higher-capacity trains that are more modern<br \/>\nand more fuel-efficient (-20% in electric energy consumption), in order to support the on-going<br \/>\nline extensions to Mairie de St-Ouen and Orly Airport. <\/li>\n<\/ul>\n<p>The goal of these projects is to meet the high-impact environmental objectives. The projects also<br \/>\nhighlight RATP\u2019s priorities regarding CSR, namely to be a major player in sustainable mobility and<br \/>\nsmart cities, reduce its environmental footprint and confirm its social and societal responsibilities.<\/p>\n<p>RATP was the first global multi-modal transport operator to be awarded \u201cEngag\u00e9 RSE confirm\u00e9\u201d<br \/>\n(CSR Commitment confirmed) (ISO 26000) AFNOR certification in 2018, through its recognised<br \/>\npractices regarding Corporate Social Responsibility (CSR) within its \u00cele-de-France historic perimeter.<br \/>\nThis label testifies to excellent performance, notably in terms of human resources practices, regional<br \/>\nanchoring and sustainable production methods.<\/p>\n<p>RATP is also the 1st global multi-modal transport operator to be ISO 50 001 certified in \u00cele-de-France,<br \/>\nan award granted to the company for its commitment to the continuous improvement of its energy<br \/>\nperformance. RATP has ambitious energy\/climate goals, which are to reduce greenhouse gas<br \/>\nemissions by 50% and energy consumption per passenger-kilometre by 20% between 2015 and 2025. <\/p>\n<p>To meet these goals, an action plan has been implemented. It concerns rail and bus traction, railway<br \/>\ninfrastructure, train and metro stations, workshops and bus depots as well as tertiary sites.<\/p>\n<p>The CSR policy, which is fully integrated in the Strategic plan, is a line of performance at the core of<br \/>\nthe business model and is based on dynamic and cross-cutting governance, at the highest level. <\/p>\n<p><strong>Terms of the transaction:<\/strong><\/p>\n<p>The issuing of the green bonds was jointly carried out by BNP Paribas, Cr\u00e9dit Agricole CIB, Natixis<br \/>\nand Soci\u00e9t\u00e9 G\u00e9n\u00e9rale.<\/p>\n<p>The transaction was announced in the afternoon on 12 June. It was met with very high demand, on<br \/>\nthe part of both French and international investors, which demonstrated the solid reputation and<br \/>\nhigh appreciation of the credit standing of the issuer RATP, and the relevance of its sustainable<br \/>\ndevelopment policy. The order book ultimately reached \u20ac2.6 billion euros on 13 June, equal to an<br \/>\nexceptional osubscription rate (>5 times). This overwhelming success allowed for a reduction in the<br \/>\ninitial range to OAT +26 bps (+\/1 bp), thus allowing RATP to set the price to OAT + 26 bps,<br \/>\nrepresenting a yield of 0.381%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 13 June 2019, RATP once again successfully issued \u201cGreen Bonds\u201d, in the amount of \u20ac500<br \/>\nmillion, with a ten-year maturity date. The exceptionally successful transaction, which has a<br \/>\nsubstantial subscription rate (>5 times), is fully in line with RATP Group\u2019s CSR effort and<br \/>\ndemonstrates the Group\u2019s determination to meet the challenges regarding the ecological<br \/>\ntransition and climate change. <\/p>\n","protected":false},"author":20,"featured_media":80577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1859,1849,1671,1826,1682,1681,1651,1453,1452,2103,1952],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/80579"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=80579"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/80579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/80577"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=80579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=80579"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=80579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}