Spain Plans to Raise 5 Billion Euros From Debut Green Bond Deal

  • 20-year sale is likely to see strong demand, says ING’s Bouvet
  • Syndicated ethical bond sales in Europe at record 286b euros
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Spain is set to raise 5 billion euros ($5.9 billion) from its debut green bond this week, according to two people familiar with the matter, the first in a flurry of sovereign sales expected this month.

The deal for the 20-year note, which was announcedBloomberg Terminal Monday, should launch Tuesday, one of the people said, asking not to be identified due to internal policy.