NautaDutilh assisted Bank Nederlandse Gemeenten (BNG) in the issuance of its first USD Sustainability Bond. BNG’s Sustainability Bonds are innovative in that the proceeds will be used to support the best-in-class sustainable municipalities in the Netherlands.
Selection of the most sustainable municipalities is based on a methodology developed in partnership with the Tilburg Sustainability Center of Tilburg University. This methodology ranks the municipalities according to their sustainability performance.
Sustainability Bonds enable investors to invest in sustainable Dutch cities via bonds whose risk level and liquidity are on a par with other bonds issued by BNG.
The NautaDutilh team consisted of Petra Zijp, Arjan Pors, Nico Blom, Antonia Netiv, Nina Kielman, Wouter Wehmeijer and Gwenn Korteweg.