Bär & Karrer Advised the Canton of Geneva on Green Bond Issuance
On 28 November 2019 the Canton of Geneva issued green bonds listed on the SIX Swiss Exchange in an aggregate amount of CHF 660 million. The issuance was made according to the Green Bond Principles published by the International Capital Market Association, and divided into three respective tranches of CHF 175 million with a maturity in 2028, CHF 200 million with a maturity in 2039 and CHF 285 million with a maturity in 2032.
Bär & Karrer acted as legal advisor to the Canton of Geneva in this transaction. The team included Frédéric Bétrisey and Tatiana Ayranova (both Banking).