Scotiabank issues its first Green Bond in the European market for EUR 1 billion
TORONTO, April 17, 2024 /CNW/ - Scotiabank has issued its inaugural EUR 1 billion, 5-year senior fixed rate Green Bond (the "EUR Green Bond") in the European market pursuant to Scotiabank's Sustainable Issuance Framework released on April 5, 2024 (the "Framework"). Scotiabank intends to allocate, in accordance with the Framework, an amount equal to the net proceeds from the EUR Green Bond offering to finance and/or refinance, in part or in full, new, or existing Eligible Green Assets (as defined in the Framework).
The EUR Green Bond represents the largest green or sustainabil
