XTRA:DBKCapital Markets
Deutsche Bank Green Bond Shows Funding Costs And ESG Demand In Focus
Deutsche Bank (XTRA:DBK) has issued its first EU standard green bond, raising €500 million.
The proceeds are earmarked for refinancing assets in the bank’s green building portfolio.
The deal follows an update to Deutsche Bank’s sustainable financing framework in Europe.
For you as an investor, this move places Deutsche Bank’s core corporate and investment banking operations within the context of demand for labelled sustainable debt. The bank is tying part of its funding directly to assets...