On 12 March, Belgian developer Atenor is launching an issue of 4-year and 6-year green bonds for a minimum amount of, respectively, €15 million and €50 million in the form of a public offer in Belgium open to retail investors and, to a certain extent, qualified investors.
The net proceeds from the public offer, which should amount to €65 million in case of placement of the minimum amount and €100 million in case of placement of the maximum amount (excluding costs and fees related to the issue, estimated at €100,000, supported by Atenor), will be exclusively allocated to the financing or refinancing, in whole or in part, green and energy-efficient real estate projects that contribute to Atenor's environmental objectives. These projects meet certain eligibility criteria such as; BREEAM minimum "Excellent", WELL Core and Shell; with an energy performance level corresponding to the primary energy consumption of a maximum defined by country (included in the EPC, Energy Performance Certificate).
As an actor committed to the development of sustainable cities, Atenor targets retail investors and is offering them the opportunity to participate in the financing of its projects by subscribing to one of the two tranches of its first Green Retail Bond.
Belfius Bank and KBC Bank are acting as the arrangers for the issue and placement of the bonds.
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