January 5 (SeeNews) - Slovenia raised 1.25 billion euro ($1.33 billion) from institutional investors through the issue of a ten-year sustainable bond, alongside a 250 million euro tap of its outstanding 3.125% bonds due August 2045, the finance ministry said.
The new sustainability offering priced with a coupon of 3.625% and a 3.654% reoffer yield, whilst the reopening of the August 2045 bonds priced with a reoffer yield of 3.922%, the finance ministry said in a statement on Wednesday.
The sustainable bond transaction attracted over 10 billion euro of combined demand, the ministry noted.
The proceeds will fund government investments that contribute positively to its environmental and social goals, and further promote and develop the domestic and international green, social and sustainability bond market, the finance ministry added.
BNP Paribas, Citi, Deutsche Bank, Erste Group, Nova KBM and UniCredit jointly led the offering.
($ = 0.9418 euro)