Crédit Agricole CIB involved in six winning deals of the 2023 Environmental Finance Bond Awards
Social Bond of the Year – Supranational: Council of Europe Development Bank
This €1 billion ($1.1 billion) seven-year social inclusion bond, issued by Council of Europe Development Bank (CEB) in April 2022, was the first social bond to target the response to the Ukraine refugee crisis in the aftermath of the Russia-Ukraine conflict.
Sustainability Bond of the Year – local Authority /municipality: Award for innovation – use of proceeds (sustainability bond), Ile-de-France Region
The Île-de-France region in north-central France is the country's most prosperous. But it is not without its social and environmental challenges, particularly as it is densely populated - with a fifth of the country's population - and it surrounds the capital, Paris. To tackle these challenges, the regional authority issued a €700 million ($764 million) sustainability bond programme that Environmental Finance Bond Awards judges described as being a "great job on what is an impressive overall programme [of issuances]".
Asset-backed/asset-based/covered social bond of the year: Berlin Hyp's social mortgage Pfandbrief
Berlin Hyp's inaugural social mortgage pfandbrief (German bond) made the commercial real estate lender the first European financial institution to issue bonds in three different ESG bond formats: green, social and sustainability-linked.
Proceeds of the 10-year, €750 million ($800 million) issuance went towards financing or refinancing affordable housing in Germany and the Netherlands, and particularly targets lower income households.
Sustainability-linked bond of the year: Republic of Chile
In March 2022, the Republic of Chile issued a $2 billion, 20-year sustainability-linked bond (SLB). This transaction marked not only the first SLB for Chile, but also the first SLB issued by a sovereign.
Sustainability bond of the year - agency: Caisse des Dépôts
In October 2022, Caisse des Dépôts (CDC) successfully launched a new €500 million ($542 million) five-year sustainability bond.
Sustainability bond of the year - supranational: World Bank
A dual-tranche sustainability bond issued by the World Bank in September 2022 for $4.5 billion was the first of its kind in the sovereign, supranational or agency (SSA) market.
Personality of the Year: Herman Kamil, Uruguay's Head of the sovereign debt management office
Our heartfelt congratulations to Herman Kamil, Uruguay's Head of the sovereign debt management office, who was voted personality of the Year! It was our honour working with Herman on the first sovereign sustainability-linked bond (SSLB) with a two-way coupon.
Our Covered Bond franchise is voted Covered Bond House of the Year by the market!
The Bank is named Best EUR Syndicate in The 2023 Covered Bond Report Awards for Excellence
UniCredit successfully reopens market for Italian Covered Bonds by issuing a dual tranche Obligazioni Bancarie Garantite