CaixaBank has issued a five-year senior preferred green bond worth €1 billion, with a 3.875% coupon and a spread of 70 basis points over mid-swaps. The deal drew more than €4.5 billion in orders, making it the bank's largest euro-denominated senior preferred green bond. Proceeds will fund projects in its green portfolio, which reached €17.9 billion at the end of 2025, up 33% year on year. The bond is aligned with the ICMA Green Bond Principles and partly meets EU Taxonomy criteria. CaixaBank's sustainable finance target of €100 billion by 2027 is 81% complete. This issuance helps the bank manage maturities and diversify its investor base, while supporting renewable energy, energy efficiency, green buildings, and clean transport projects.
