Priced: Belfius Bank EUR 500m 7Y green SR pref MS+85

Priced: Belfius Bank EUR 500m 7Y green SR pref MS+85

Belgium's state-owned bank, Belfius, has made a significant move in the green bond market by issuing a €500 million 7-year senior preferred bond. The bond, priced at a mid-swap rate plus 85 basis points, was issued on September 2, 2025, according to LSEG data [1].

This issuance is part of Belfius's strategy to extend its maturity curve on the longer end, complementing its existing sustainable supply. The bank's outstanding senior preferred bonds currently have maturities extending up to 5.5 years, with the new issuance adding to this portfolio [1].

The bond, which is a senior preferred bond, is part of a growing trend in Europe where the supply of sustainable senior preferred bonds has increased compared to a year ago. This issuance contributes to this trend, highlighting the bank's commitment to sustainability and environmental impact [1].

Green bonds are a form of debt issued specifically for environmental and climate-related projects. Belfius's issuance underscores the bank's dedication to investing in projects that have a positive environmental impact, aligning with global sustainability goals.

This issuance is a notable event in the European green bond market, demonstrating the growing demand for sustainable financing options. Investors and financial professionals can expect to see more such issuances as the market continues to evolve and expand.

References:
[1] https://www.marketwatch.com/story/belgium-s-belfius-bank-markets-new-7-year-green-bond-54f47d47