EDC Prices its First Green Bond in Canadian Dollars

EDC

 

September 1, 2017

Export Development Canada (EDC) has priced CAD 500 million 1.80% Fixed Rate Green Bond due September 1, 2022. This offering is scheduled to settle on September 5, 2017.

This is EDC’s first Green Bond being issued in CAD and its fourth Green Bond in recent years, with previous bonds of USD 500M in May 2017, USD 300M in December 2015 and USD 300M in January 2014, each receiving strong support from the green bond investor community.

“Climate change is a priority for EDC and being the first Canadian Crown corporation to issue a Green Bond in CAD demonstrates the increasing demand for sustainable investment products within the Canadian market,” said Ken Kember, Senior Vice President, Finance, and Chief Financial Officer, EDC. “EDC wants to bring our expertise and ability to issue bonds into the Canadian market as a way to attract domestic and international investors to the table and stimulate growth.”

For more information:

http://www.newswire.ca/fr/news-releases/export-development-canada-prices-its-first-green-bond-in-canadian-dollars-responding-to-rising-global-interest-in-climate-financing-642222583.html

Related Articles

Changing Scene

  • Brad Lueck Appointed President Gescan

    Brad Lueck Appointed President Gescan

    Sonepar Canada is pleased to announce the appointment of Brad Lueck as President of Gescan, effective March 23, 2026. With more than 15 years of experience in the electrical distribution industry, Brad brings a deep, hands-on understanding of the business. He began his career in the warehouse before progressing through sales, branch management, and successive leadership roles.… Read More…

  • On the Path to $1 Million: Celebrating $815,509 Raised for Canada’s Children’s Hospitals

    On the Path to $1 Million: Celebrating $815,509 Raised for Canada’s Children’s Hospitals

    Gescan is proud to share an incredible milestone: since 2022—together with its customers, supplier partners, and employees—Gescan has raised $815,509 in support of children’s hospitals across Canada. Through its annual charity golf tournaments, branch-led fundraising events and generous employee contributions, this collective effort continues to make a meaningful difference for young children and their families. Read More…

Peers & Profiles

Copper US Dollar Price Per Pound