a.s.r. intends to issue an inaugural green senior bond

Today, ASR Nederland N.V. (‘a.s.r.’) has the intention, subject to market conditions, to issue a Euro denominated green senior bond, following investors calls commencing on Monday 4 December 2023. The senior Notes will have a fixed-rate coupon. The Senior Notes offering is a.s.r.’s inaugural Green Bond issue under its Green Finance Framework and confirms a.s.r.’s sustainable profile.

The Green Bond is the first issue under the Green Finance Framework that has been established in 2022. The proceeds of the Green Bonds will support the transition to a more sustainable lower carbon economy. An amount equivalent to the proceeds will be used to finance or refinance projects related to Green Buildings, Renewable Energy, Energy Efficiency and/or Clean Transportation. The Second party opinion for the Green Finance Framework has been obtained from Sustainalytics.

The Senior Notes are expected to be rated BBB+ by S&P.

a.s.r. has mandated BNP Paribas as Global Coordinator, HSBC as Green Structuring Agent and ABN AMRO, Barclays, BNP Paribas, Goldman Sachs Bank Europe SE and HSBC as Joint Lead Managers to arrange a series of investor calls commencing 4 December.

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