BB Stock – MAS Real Estate : issues 300mn green bond to finance projects in Romania
Moody’s and Fitch assigned the bond a Ba1 and BB rating, in line with the corporate rating.
The bank’s investment will support the acquisition of green properties and the development of green and sustainable retail and residential assets, predominantly in
The bond issue, used to finance and refinance green commercial real estate in CEE, is underpinned by a green financing framework aligned with the International Capital Market Association’s Green Bond Principles and the loan Market Association’s Green loan Principles.
Sustainalytics provided an independent second-party opinion on the framework’s environmental credentials and its alignment with the current market standards for green bonds.
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