Cases & Deals

  • Home
  • Practices
  • Belfius Bank, Deutsche Bank, and Morgan Stanley complete €500 million Inaugural Social Bond by French Community of Belgium

Share

Belfius Bank, Deutsche Bank, and Morgan Stanley complete €500 million Inaugural Social Bond by French Community of Belgium

June 2021

Client(s) Belfius Bank, Deutsche Bank, and Morgan Stanley & Co. International plc

Jones Day assisted Belfius Bank, Deutsche Bank, and Morgan Stanley & Co. International plc in connection with the issuance by CFB (Communauté française de Belgique), a federated entity of the Kingdom of Belgium, of its inaugural €500 million 0.625% Fixed Rate Social Bonds due June 11, 2035 (the “Bonds”) under its €8 billion EMTN Programme. The proceeds of the Bonds will be used to finance and refinance current and future eligible social expenditures which include, in line with the new CFB’ Social Finance Framework, access to essential services (education and social inclusion) as well as affordable basic infrastructures (sports and culture). The Bonds will be listed on Euronext Brussels.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.