News
BCLP advises Qair International on its first Euro PP Green Bond
Mar 03, 2022Summary
Qair International develops, finances, builds and operates wind, solar, hydroelectric and green hydrogen projects on its own behalf. This issue will enable it to finance new power plants of renewable energy production in Europe.
With this first Euro PP Green Bond, the group has undertaken to comply with strict “green” commitments in terms of use of the funds, traceability of investments made and reporting, thereby following the standards set by the Green Bond Principles issued by the International Capital Markets Association.
The issue proved extremely successful with institutional investors. The bonds, maturing in 2027, were placed in Europe exclusively with qualified investors as part of an offering exempt from the obligation to publish a prospectus.
CIC acted as arranger and lead manager, with the support of Crédit Agricole Languedoc as co-arranger.
BCLP's team alongside Qair International comprised Partners Jean-Pierre Delvigne and David Blondel, along with Of Counsel Kai Völpel and Senior Associates Justine Langer and Charles Sechao in Corporate Finance.
Related Practice Areas
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M&A & Corporate Finance