(Finance) – In August, Covivio converted other green bonds, bringing 100% of its bonds to be green for a total value of 2.8 billion euros. The company has thus taken a fundamental step in aligning its funding policy with ESG objectives.
In mid-July the Group signed a mortgage bank loan of 115 million euros for the Silex building in the center of Lyon, lasting eight years. At the end of July, the refinancing of a residential portfolio in Berlin for 145 million euros and a ten-year duration. The average interest rate for these loans is 2.5%.
Also in July, the Group finally refinanced two green corporate credit lines for a total of 225 million eurosextending the deadlines to 2027 and 2029.