Deals of the Year 2025: PermanentTSB’s debut Green Bond heavily oversubscribed as it ‘firmly establishes its mainstream presence in the capital markets’
Back
PTSB issued its inaugural Green Bond in April 2024 and the deal qualifies as a Debt Capital Markets Deal of the Year. This ESG-labelled and MREL compliant €500m bond showcases the bank’s recent progress in sustainability.
The winner of the Debt Capital Markets Euro Note Programme is Permanent TSB’s Euro Note Programme and Green Bond Issuance, which enjoyed better pricing than expected thanks, in part, to the issuance’s green credentials.
PTSB conducted a day of marketing to more than 110 investors and entered the market for the €500m Green Bond with an initial price talk (IPT) of Mid Swaps +195bps. Overall demand for the transaction exceeded €2.3bn. Given the ver....

 

To continue, please log in


 
 
 
Forgot your password?
 
The Latest Issue
July 2025 Issue of Finance Dublin

Order a subscription to Finance Dublin

Take out a subscription - I would like to take out a subscription, enabling me to gain immediate access to the site and this month's edition. For details on pricing options and subscription benefits please click here.

Without your explicit permission FinanceDublin.com will never share any of your information (including your e-mail address). Your information is collected in accordance with our Privacy Policy.

If you have any questions, please contact us.

This article appeared in the June 2025 edition.