Triodos Bank Succesfully Sets Price for EUR 300 Million worth of Green Senior Preferred Bonds

Triodos Bank, a leading European sustainable bank, has announced the successful pricing of EUR 300 million of Green Senior Preferred Notes. The issuance, which is part of Triodos Bank's EUR 2.5 billion Debt Issuance Programme, has attracted significant interest from more than 100 national and international institutional investors.

The Green Senior Preferred Notes have a 5-year maturity and a fixed coupon of 3.875%. The notes will be listed on Euronext Amsterdam and are expected to have a Fitch rating of BBB. The issuance qualifies as Green Bonds as per Triodos Bank's Green Bond Framework dated 7 October 2021.

The proceeds of the issuance will be used to (re)finance eligible green loans. This includes loans for renewable energy projects, energy-efficient buildings, and sustainable transportation. The Senior Preferred Notes issue is part of Triodos Bank's funding strategy to achieve its Minimum Requirement for own funds and Eligible Liabilities.

The book for the Green Senior Preferred Notes was more than 3 times oversubscribed, demonstrating strong investor demand for sustainable finance products. BNP Paribas acted as Global Coordinator and sole arranger for the issue, with ABN AMRO Bank, BNP Paribas, LBBW, and Rabobank acting as Joint Lead Managers.

The base prospectus for the programme, dated 20 June 2025, has been approved by the Autoriteit Financiële Markten (AFM, the Dutch Authority for the Financial Markets). The prospectus is available at https://www.triodos.com/en/investor-relations/debt-investors.

The issuance of Senior Preferred Notes will enable Triodos Bank to further diversify its funding sources and expand its investor base. The notes will also help the bank to meet its sustainability objectives by providing funding for green projects.

Triodos Bank has a strong commitment to sustainability and is dedicated to promoting a more sustainable society. The bank's Green Bond Framework outlines its approach to green bond issuance and ensures that the proceeds of the issuance are used for eligible green projects.

The Green Senior Preferred Notes will have an embedded issuer call option after 4 years. Settlement for the notes will take place on 3 September 2025. This is the second issuance under Triodos Bank's EUR 2.5 billion Debt Issuance Programme, and the bank is looking forward to continuing to work with its partners to provide sustainable finance solutions.

Triodos Bank Succesfully Sets Price for EUR 300 Million worth of Green Senior Preferred Bonds