Andorra Plans to Issue Sustainable Bond

Dow Jones
Sep 28
 
 

The Principality of Andorra has hired banks to lead manage its upcoming 500 million euro ($569.5 million) short- to intermediate-dated sustainable benchmark fixed rate bond transaction, one of the banks said Monday.

Prior to that, a series of fixed income investor calls will be held virtually on Sept. 28 and Sept. 29, and the deal may follow in the near future subject to market conditions, the same bank said.

The banks hired as joint lead managers are Citi, Credit Agricole CIB and Santander.

 
 

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