NautaDutilh assists Nationale-Nederlanden Bank with their second Green Covered Bond issuance in the Netherlands
Today, 28 February 2023, Nationale-Nederlanden Bank successfully issued EUR 750 million Green Covered Bonds. NautaDutilh assisted Nationale-Nederlanden Bank with their second Green Covered Bond issuance in the Netherlands.
Nationale-Nederlanden Bank is the first and only issuer in the Netherlands to issue a Green Covered Bond. The Green Covered Bonds were issued in compliance with Nationale-Nederlanden Bank's Green Bond Framework, which is aligned with the ICMA Green Bond Principles and the EU Taxonomy. The proceeds of the issue will be used to finance and/or refinance new and/or existing mortgage loans for energy efficient residential buildings in the Netherlands that meet the requirements of Nationale-Nederlanden Bank's Green Bond Framework.
Arjan Scheltema adds: "We are very pleased to assist Nationale-Nederlanden Bank with its successful issue of Green Covered Bonds and to contribute to the green objective thereof".
Our team advising Nationale-Nederlanden Bank consisted of Arjan Scheltema and Julie Wassenberg.
