Triodos Bank successfully priced EUR 250 million of Green Tier 2 Notes

Triodos Bank N.V. (“Triodos Bank”), a frontrunner in sustainable banking, announces that it has successfully priced EUR 250 million of Green Tier 2 Notes, the third issuance under its Debt Issuance Programme.

The Notes have a 11-year maturity, an embedded issuer call option after 6 years, and a fixed coupon of 5.50%. Settlement will take place on 3 June 2026. The Notes will be listed on Euronext Amsterdam. The Green Tier 2 notes are expected to have a Fitch rating of BB+. The transaction attracted significant interest from approximately 50 national and international institutional investors.

Tier 2 Bonds

This is the third issuance under Triodos Bank’s EUR 2.5 billion Debt Issuance Programme, established in 2024, and qualifies as a Green Bond as set out in Triodos Bank’s Green Bond Framework published in December 2025. The proceeds of the issuance will be used to (re)finance eligible green loans. This transaction helps preserve Triodos Bank’s capital structure and loss-absorbing capacity while maintaining a prudent management buffer to requirements. Triodos Bank maintains an active approach to capital management, supporting regulatory compliance and efficient capital structure optimisation.

ABN AMRO and BNP Paribas acted as Joint Lead Managers of the issue.