Green Bond Fact Sheet

This fact sheet details a EUR 300 million green bond issued by Ceetrus, a France-based real estate developer, on November 26, 2019. The bond is dedicated to financing and refinancing certified green buildings within the European Union that meet specific energy efficiency and certification standards.

• Ceetrus issued a green bond on November 26, 2019, for an amount of EUR 300 million (USD 330 million) with a maturity date of October 1, 2044, and a tenor of 7.0. The bond carries a credit rating of BBB- from S&P and a coupon of 2.750%.
• The proceeds of the bond are designated for the construction, acquisition, or refinancing of buildings that meet four specific criteria: they must be located in the European Union, achieve a minimum BREEAM 'very good' certification (or equivalent), demonstrate energy savings of at least 30% against baseline performance, and provide good access to public transport with green leasing contracts.
• Ceetrus is the 8th real estate company to issue green debt in France, joining other issuers such as Covivio and Unibail-Rodamco. The Climate Bonds Initiative notes that while many green bonds in France finance green buildings, few real estate companies have entered the market.
• The issuer has committed to annual public reporting on allocation and impact until proceeds are fully allocated. Allocation reports will detail eligible projects and financing proportions, while impact reports will include metrics such as avoided CO2 emissions, average energy intensity, or total energy consumption.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-11%20FR%20Ceetrus.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-11%20FR%20Ceetrus.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=16 December 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-11%20FR%20Ceetrus.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = dec, url = {https://www.climatebonds.net/files/drupal-files/files/2019-11%20FR%20Ceetrus.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }