Caisse des Dépôts, alongside CNP Assurances and Abeille Assurances, has subscribed to the 1st green bond with a sharing-coupon issued by the SNCF Group for the benefit of the Robert-Debré Child Brain Institute supported by the Assistance Publique-Hôpitaux de Paris (AP-HP) Foundation.
The innovative nature of this €300mn green bond issued by the SNCF Group is that it combines the issuer's ESG objectives with a financial return for investors with a charitable purpose.
By the time the bond matures (12 years), Institut Robert-Debré du cerveau de l'enfant will have received a total of €2.31mn in donations from the interest earned by investors. These funds will enable it to acquire cutting-edge medical equipment, such as the latest generation of imaging equipment, to advance our understanding of the developing brain.
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