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Commerzbank ( (DE:CBK) ) just unveiled an update.
Commerzbank has announced that no stabilisation was undertaken in relation to Eurogrid GmbH’s dual Green Bond issuance. Eurogrid GmbH, based in Berlin, Germany, issued two senior unsecured Green Notes worth a total of EUR 1.1 billion under its Debt Issuance Programme. The issuance includes a EUR 500 million note due in 2029 and a EUR 600 million note due in 2040. This announcement highlights Commerzbank’s role as a stabilisation manager alongside BNP Paribas, ING Bank, and NatWest Markets, indicating the bank’s active involvement in the green finance sector.
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