Clifford Chance

Clifford Chance advises BNP Paribas on the establishment of Triodos Bank N.V.'s €2,500,000,000 Debt Issuance Programme and the inaugural €350,000,000 green notes issuance

Global law firm Clifford Chance advised BNP Paribas in connection with the establishment of Triodos Bank N.V.'s €2,500,000,000 Debt Issuance Programme. The programme contains options for issues of senior preferred and senior non-preferred notes as well as subordinated notes. The programme provides for a listing and admission to trading of the notes on the regulated market of Euronext Amsterdam.

Furthermore, Clifford Chance advised BNP Paribas and the joint lead managers on the inaugural issuance by Triodos Bank N.V. of €350,000,000 green senior preferred notes under the Debt Issuance Programme. The notes are to be listed on the regulated market of Euronext Amsterdam. The proceeds of the notes will be used to finance and/or refinance eligible green loans in accordance with the green bond framework of Triodos Bank N.V.

This transaction builds on Clifford Chance's market-leading Debt Capital Markets practice and expertise in green bonds. Clifford Chance advised BNP Paribas on all aspects of the programme establishment and the inaugural notes issuance. The Clifford Chance team consisted of Jurgen van der Meer, Dewi Walian, Marina Sarkisjan, Dilan Ata and Kris Soomers (Global Financial Markets) and Nolan Groenland, Robin Houtveen and Johan Anton Niesten (Tax).