BIL Green Bond, naturally protected at maturity…
Investing in our new Green Bond helps support sustainable housing development in Luxembourg as the amounts invested will be allocated to the financing of energy-efficient residential housing in the Grand Duchy.
The BIL Green Bond is a 5-Year-investment.
How does the Green Bond work?
At the end of each year, you will receive a fixed coupon of 3.05% p.a. before fees, taxes and duties.
At maturity, you are reimbursed at 100% of the invested nominal.
What are the Key Characteristics of the Green Bond?
| ISIN | XS2939412628 |
| Issuer | BIL S.A. |
| Tenor | 5 Years |
| Currency | EUR |
| Issue Date | 30/01/2025 |
| Maturity Date | 30/01/2030 |
| Issue Price | 100% |
| Minimum Investment | EUR 1.000 |
| Denomination | EUR 1.000 |
| Entry fee | Up to 0.30% of the invested amount |
| Annual coupon (gross of fees, taxes and duties) |
|
| Coupon Frequency | Yearly |
| Capital Protection | 100% at maturity only |
What are the key risks of investing in BIL’s Green Bond?
Your capital is only protected at maturity
You are exposed to the credit risk of BIL SA as the product issuer.
BIL is committed to becoming a more sustainable bank. This is our belief. We have structured our organization to meet ESG challenges and have defined our sustainability strategy in 4 pillars:
We are signatories of the “Principles for Responsible Banking” of the UNEP FI (United Nations Environment Program Finance Initiative), and adhere to the UN Global Compact principles
How are you assured of the properuse of your investment?
An independent consulting firm has been commissioned by BIL to define solid eligibility criteria for the housing units that will be financed.
BIL has set up a committee dedicated to green bonds, which will ensure that the eligible loans selected meet the defined criteria.
An allocation and impact report will be published annually.
An assessment of the environmental impact of the eligible portfolio will be carried out by an independent consulting firm.
Eligibility criteria for green housing in Luxembourg financed under the BIL green bond
Financing the renovation, acquisition and ownership of existing and/or future residential buildings in Luxembourg that meet at least one of the following eligibility criteria:
Buildings with an energy performance certificate (EPC) level at least equal to «A» or belonging to the 15% most energy-efficient buildings of the national building stock and demonstrated by adequate evidence (defined by an external consultant commissioned by BIL)
Buildings that will achieve or will have achieved, after renovation, a reduction in primary energy demand (PED) of at least 30% compared to the performance of the building before renovation or comply with the applicable requirements for major renovations of the EPBD (Energy Performance Buildings Directive)
Do you want to invest?
Contact your relationship manager or your private banker for more information.
Subscribe until 29 January 2025. (save in case of early termination due to oversubscription)
Subscription fees may apply when investing in this product and exit fees may be applicable if you exit the product early. The information on this page should be read in conjunction with the product termsheet and/or Key Information Document before investing in this product.