France: Orpea goes public with first sustainable bond issue

French long-term care provider, Orpea, has tapped into the growing demand for assets delivering measurable environmental or social impact. The unrated company, with a network of 1,114 facilities comprising 111,801 beds across 23 countries, launched of a €500m (US$594m) seven-year sustainable bond issue paying a fixed-rate coupon of 2% and which was priced to yield…

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