CaixaBank issues Social Bond to support UN Sustainable Development Goals

Eugenia Jiménez
clock • 1 min read

CaixaBank has become the first Spanish bank to issue a social bond to support the Sustainable Development Goals (SDGs) of the United Nations. The Spanish lender has raised €1bn, maturing over five years, in non-preferred senior debt form, with the aim of facilitating the financing of activities that contribute towards economic and social development. In particular with this initial issuance, loans are being funded to fight poverty, advocate dignified employment and create jobs in the most disadvantaged areas of Spain, in line with the SDGs of the United Nations, CaixaBank said in a no...

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Eugenia Jiménez
Author spotlight

Eugenia Jiménez

Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as Italy.