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CDP plans investor meetings to introduce social bond framework
November 2, 2017 / 9:00 AM / 20 days ago

CDP plans investor meetings to introduce social bond framework

LONDON, Nov 2 (IFR) - Cassa Depositi e Prestiti S.p.A., rated Baa2/BBB/BBB/A- (Moody’s/ S&P/Fitch/Scope), has mandated HSBC and SG to organize a series of fixed income investor meetings in Europe commencing on Wednesday 8th November 2017, to introduce its newly-established Social Bond Framework and provide a credit update.

A EUR senior unsecured inaugural Social Bond transaction with an expected intermediate tenor will follow, subject to market conditions. It will be issued off CDP’s €10bn Debt Issuance Programme. Relevant stabilisation regulation including FCA/ ICMA will apply.

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