National Bank of Canada is offering US$750 million 3-year sustainable bond due Oct. 7, 2022.
The bonds bear a fixed interest rate of 2.15% per annum.
The offering is an unsubordinated and unsecured obligation of the bank and is expected to close Oct. 9
The bank expects to use the net proceeds to finance, in whole or in part, future or existing eligible businesses and projects in green and social assets.
