Volksbank completed the issuance of EUR 500 million subordinated Tier 2 green bonds. De Volksbank is the first bank in Europe to issue subordinated Tier 2 green bonds.

Investors subscribed for an amount of more than €1.75 billion, the majority of which were ESG investors who have a particular focus on sustainable investments.

NautaDutilh’s team advising Volksbank on this transaction consisted of Dewi Walian, Sven Uiterwijk, Nina Kielman, Mariëlle van Nimwegen and Merle de Vries, supervised by Petra Zijp.

Source: Global Legal Chronicle