Nationale-Nederlanden Bank’s Green Covered Bond issue in the Netherlands

NautaDutilh advised Nationale-Nederlanden Bank on the deal.

Nationale-Nederlanden Bank successfully issued EUR 500,000,000 Green Covered Bonds. Nationale-Nederlanden Bank is the first issuer in the Netherlands to issue a Green Covered Bond.

The Green Covered Bonds were issued in compliance with Nationale-Nederlanden Bank’s Green Bond Framework, which is aligned with the ICMA Green Bond Principles and the EU Taxonomy. The proceeds of the issue will be used to finance and/or refinance new and/or existing mortgage loans for energy efficient residential buildings in the Netherlands that meet the requirements of Nationale-Nederlanden Bank’s Green Bond Framework.

The NautaDutilh team advising Nationale-Nederlanden Bank on the Green Covered Bond issue consisted of Arjan Scheltema (Picture), Sascha van Gerrevink and Charlotte Sonneveld.

Involved fees earner: Arjan Scheltema – NautaDutilh; Charlotte Sonneveld – NautaDutilh; Sascha van Gerrevink – NautaDutilh;

Law Firms: NautaDutilh;

Clients: Nationale-Nederlanden;

Naoual Sadouqi

Author: Naoual Sadouqi