AFC issues green bond

Issue 424 - 08 Oct 2020

The Africa Finance Corporation (AFC) announced on 23 September that it had issued its inaugural CHF150m ($164m) senior unsecured benchmark green bond through its $5bn global medium-term note programme. The bonds have a five-year tenor, maturing in 2025, and a coupon of 1.205%. They were listed on the SIX Swiss Exchange. Moody’s rated the bond A3.

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