EUROFIMA publishes the Green Bond Allocation report for its inaugural Green Bond
On 10th December 2018, EUROFIMA issued its inaugural Green Bond with maturity 9th February 2024 and amounting to EUR 500 million. As of 2019, the net proceeds of EUR 497 million are fully allocated to fund Electric Passenger Rail Transport Rolling Stock, as per EUROFIMA’s Green Bond Framework. The green bond net proceeds were used to finance Electrical Multiple Unit trains (77%) as well as coaches for passenger transportation (23%). The geographical allocation is as follows: 70% of all financing was for rolling stock in Switzerland, 23% in Belgium and 7% in Luxembourg.
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