Green Bond Fact Sheet

This fact sheet details the inaugural green bond issuance by QuadReal Property Group on July 24, 2020, which raised CAD 350 million (USD 268 million) to fund eligible green projects including green buildings, renewable energy, and clean transportation.

• QuadReal Property Group issued an inaugural green bond on July 24, 2020, with a total amount of CAD 350 million (USD 268 million) and a maturity date of July 24, 2030.
• The proceeds from the bond are designated for several eligible categories: green buildings, renewable energy, resource and energy efficiency, pollution prevention, clean transportation, and climate change adaptation, including the possibility of refinancing.
• The bond achieved a pricing advantage, characterized by lower borrowing costs through compressed yield spreads compared to vanilla equivalents, and was distributed to 57 investors, 70% of whom are green investors.
• QuadReal Property Group committed to providing annual updates on its website regarding allocation and KPIs until net proceeds are fully allocated, with the option to request annual limited assurance reports from external auditors.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-07_CA_Quadreal_Property_Group.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-07_CA_Quadreal_Property_Group.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=29 July 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-07_CA_Quadreal_Property_Group.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2020-07_CA_Quadreal_Property_Group.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }