EUROFIMA issues its first SRI private placement
Today EUROFIMA made its successful debut in the Socially Responsible Investment (SRI) debt market with a new USD 100 million 10-year private placement. This "Environmentally Friendly Railway Bond" pays a fixed coupon of 2.85% semiannually. The proceeds are used to finance RABe 520 electric multiple units (EMUs) used for regional and suburban railway passenger transportation in Switzerland. Daiwa Capital Markets acted as sole lead manager of the bond.