{"id":84058,"date":"2019-11-27T07:15:00","date_gmt":"2019-11-27T06:15:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/cnp-assurances-successfully-launches-its-first-subordinated-green-bond\/"},"modified":"2019-11-27T07:15:00","modified_gmt":"2019-11-27T06:15:00","slug":"cnp-assurances-successfully-launches-its-first-subordinated-green-bond","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/cnp-assurances-successfully-launches-its-first-subordinated-green-bond\/","title":{"rendered":"CNP Assurances successfully launches its first subordinated green bond"},"content":{"rendered":"<p>This inaugural \u20ac750M issue constitutes Tier 2 regulatory capital in accordance with Solvency 2 regulation. It was<br \/>\ngreat success and was heavily oversubscribed, with orders close to \u20ac2 billion. The fixed 2% coupon represents the<br \/>\nlowest coupon obtained by CNP Assurances on Tier 2 capital. <\/p>\n<p>The funds raised through this operation will enable CNP Assurances to finance green projects in the following areas:<\/p>\n<ul>\n<li> High energy-performance buildings (new builds and renovations)<\/li>\n<li> Sustainably-managed forests<\/li>\n<li> Green infrastructure such as renewable energy projects and means of transport with low CO2 emissions.<\/li>\n<\/ul>\n<p>The projects financed within the framework of this bond issue will help CNP Assurances to meet its objective of doubling its green investments to \u20ac20 billion by end-2023, versus \u20ac10.4 billion at end-2018.<\/p>\n<p>In application of the best standards of the green bonds market (Green Bond Principles), CNP Assurances will publish a report on the use of the funds raised every year, and depending on the data available, the environmental impact of the projects financed (CO2 emissions avoided, energy saved).<\/p>\n<p>In June 2019, CNP Assurances became the first European issuer in the insurance sector to publish a green bond framework. The issued bond is also the first callable green bond from a European insurer. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a player in the transition to a decarbonised economy, CNP Assurances is pleased to announce the<br \/>\nsuccessful launch on 20 November 2019 of its first subordinated green bond, maturing in July 2050, with<br \/>\nearly redemption options from July 2030. <\/p>\n","protected":false},"author":20,"featured_media":84056,"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\/84058"}],"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=84058"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/84058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/84056"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=84058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=84058"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=84058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}