PROJECT

Projects

Summary of Investment Information

Project Number

46592

Company Name

RAIFFEISENBANK AUSTRIA D.D.

Date SPI Disclosed

Sep 29, 2022

Country

Croatia

Region

Europe

Projected Board Date

Sep 21, 2022

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Oct 5, 2022

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Sep 21, 2022
Signed : Sep 26, 2022
Invested : Sep 30, 2022

Sector

Commercial Banking - General

Project Description

 The proposed project is to invest up to USD150 million (in EUR equivalent) in Minimum Requirement for Own Funds and Eligible Liabilities (MREL) eligible senior preferred (SP) bonds to be issued by Raiffeisenbank Austria d.d. (RBA or the Bank).

 

RBA’s bond will be issued as part of its Sustainability Bond Framework, developed by RBA in June 2022, and aligned with the International Capital Market Association (ICMA) Sustainability Bond Guidelines (SBG, includes both Social Bond and Green Bond Guidelines), with use of proceeds earmarked for social projects as well as climate finance, including green buildings, energy efficiency, renewable energy, blue finance, and clean transport.                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation