News by tag: green finance

IIB becomes a major investor in the Vajda-Papír Ltd. debut green bond issue

IIB becomes a major investor in the Vajda-Papír Ltd. debut green bond issue

International Investment Bank became a major investor of a corporate green bond issue placed by Vajda-Papír Ltd. on the Budapest Stock Exchange. Founded in 1999, the family-owned, mid-cap, FMCG Company with a revenue over EUR 70 mln, Vajda-Papír is the largest household hygiene paper production company in Hungary, with a total output representing around 55% of domestic production. The wide range of products of the company enjoys high demand domestically and is successfully distributed to…  Read more
IIB makes another important step to support financial markets development of its member states: the Bank becomes an anchor investor of a first green corporate bond issue in Hungary

IIB makes another important step to support financial markets development of its member states: the Bank becomes an anchor investor of a first green corporate bond issue in Hungary

International Investment Bank became an anchor investor of a first corporate green bond issue on the Hungarian bond market, placed by CPI Hungary Investments Kft on the Budapest Stock Exchange. CPI Hungary Investments Kft is a division of CPI Property Group (CPIPG), one of the largest commercial real estate operators in Germany, the Czech Republic and Central and Eastern Europe. The Group, founded in 1991 and headquartered in Luxemburg, owns and manages an important high quality, long-term,…  Read more
IIB acts as an investor in the debut placement of the Hungarian “green” sovereign bonds

IIB acts as an investor in the debut placement of the Hungarian “green” sovereign bonds

International Investment Bank invested in the debut placement of green bonds arranged by the Hungarian Government Debt Management Agency Pte. Ltd - ÁKK. The issue with a total volume of 1.5 billion euros was the first green sovereign bonds placement in the history of the country. It faced a strong demand from a wide range of both Hungarian and international investors showing five times oversubscription. The funds were raised within the “Sovereign Green Bonds Framework of Hungary” and will…  Read more