The Notes have a maturity of 5 years and an embedded issuer call option after 4 years, and a fixed coupon of 4.875%. Settlement will take place on 12 September 2024 and the notes will be listed on Euronext Amsterdam.

The transaction attracted significant interest from both national and international institutional investors.

Senior Preferred Notes
The issuance is the inaugural issuance under Triodos Bank’s EUR 2.5 billion Debt Issuance Programme and qualifies as Green Bonds as set out in Triodos Bank’s Green Bond Framework dated 7 October 2021. The proceeds of the issuance will be used to (re)finance eligible green loans. The target market is MiFID II professionals and Eligible Counterparties only.  
The issuance of Senior Preferred Notes will enable Triodos Bank to further diversify its funding sources, to expand its investor base, and to implement its funding strategy to achieve its Minimum Requirement for own funds and Eligible Liabilities.

The base prospectus for the programme dated 18 June 2024 is comprised of the registration document and the securities note, as amended from time to time, which are available at: https://www.triodos.com/en/investor-relations/debt-investors. The base prospectus has been approved by the Autoriteit Financiële Markten (AFM, the Dutch Authority for the Financial Markets).

BNP Paribas acted as Global Coordinator and sole arranger.
ABN AMRO Bank, BNP Paribas, DZ Bank and Rabobank acted as joint bookrunners of the issue.