Belgium: Cofinimmo €500m six-year sustainable bond 2.5-times over subscribed

Belgian real-estate investor, Cofinimmo, has placed a benchmark sustainable bond of €500m (US$570m) paying a coupon of 1% per annum, maturing on January 24, 2028. The deal has a re-offer price of 99.826 which gave a yield of 1.03%, equivalent to a spread of 85bp over mid-swaps. Cofinimmo is rated BBB by S&P. The market…

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