Press Release

AIAF admits to trading ADIF- ALTA VELOCIDAD’S green bond issue

9 May, 2018

New green bond issue by the state-owned company

AIAF, BME’s Fixed Income Market, has admitted to trading a green bond issue by ADIF-Alta Velocidad, with a value of €600 million.

The issue has a maturity of 8 years and will pay an annual interest of 1.25%. The securities’ nominal amount per unit is €100,000 and the placement is aimed at institutional investors.

The placement syndicate is made up by BBVA, Banco Santander, HSBC and Société Générale.

Green bonds are debt securities issued to raise capital earmarked for the funding of projects that generate environmental or climate change-related benefits. The issuance of green bonds at world level reached a total volume of €35.9 billion in the first four months of the year.

ADIF-Alta Velocidad was the first state-owned company to issue under the green bond modality in Spain, with a €600 million  issue launched in July 2017.

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