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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Generali Ass | BIT:G | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.33 | 1.43% | 23.34 | 23.26 | 23.36 | 23.36 | 23.03 | 23.08 | 2,397,590 | 17:00:00 |
From May 2019 to May 2024
By Dieter Holger
Italy's Assicurazioni Generali SpA (G.MI) said Monday it will issue its first green bond on the Luxembourg stock exchange on Sept. 23.
Generali--the third-largest insurance company in the world--said its inaugural 11-year green bond will finance or refinance projects including green buildings, renewable energy, water management and recycling.
The bond will mature in October 2030, while the yield-to-maturity rate and the size of the bond will be set when the bond lists next week, a Generali spokesman said.
"Generali is convinced that the financial industry has a key role to play in the transition to a low carbon economy and is willing to contribute to the development of a sustainable financial market," the spokesman said.
Write to Dieter Holger at dieter.holger@dowjones.com; @dieterholger
(END) Dow Jones Newswires
September 16, 2019 07:28 ET (11:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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