Saturday 11 April 2020

Schiphol issues €750m green bond to finance sustainable airport buildings

Schiphol Group has issued a new €750 million (£656m) green bond in a bid to create the 'world's most sustainable, high-quality airports in the Netherlands'.

The company intends to allocate the finance raised towards the funding of green buildings and clean transportation at Amsterdam Airport Schiphol and other airports operated in the Netherlands.

In a statement, the firm said: "The proceeds further strengthen our liquidity position in these exceptional circumstances."

The final order book amounted to around €3.8 billion (£3.3bn) while the bonds will be listed on Euronext Amsterdam. ABN Amro, BNP Paribas, ING and Rabobank acted as joint book runners on the transaction.