Investor Presentaiton
3. FOCUS SUSTAINABLE FINANCE
ICADE'S ACTIVE SUSTAINABLE FINANCING POLICY
Icade's inaugural Green Bond issued
in 2017
A Green Bond meeting
the highest Standards
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Pioneer in
sustainable
• €600m; 10 years;
finance
fixed coupon of 1.50%
• 59% of green investors
⚫ A rigorous selection process for
green assets and projects
.
Icade Santé's inaugural Social Bond
issued in 2020
The first Corporate Social Bond
benchmark sized in the world
• €600m; 10 years; fixed coupon
of 1.375%
Nearly 10 times oversubscribed
by major investors
Underscoring the intrinsic social
nature of the Healthcare Property
division business
ICADE
2 new RCF lines signed on
H1-2020 for a total of €450m
7-year €300m green RCF
If the defined CSR goal is not met,
an additional cost has to be paid to an
association having a positive impact
on the environment
5-year €150m solidarity-based
RCF
€300k allocated to research
on Covid-19 vaccines
carried out by Institut Pasteur
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Ramping up
in use of
green finance
New Green Financing Framework with more ambitious ESG criteria
Reclassification of the €600m 2021 bond as a Green bond
New Green bond issued in January 2022: €500m, 8 years, 1.0% coupon
ORIGINE-Nanterre
E3C2 rating, HQE Excellent, BBCA
V3, LEED Gold & BREEAM Excellent
(1) Out of a total office portfolio of €8.8bn
Sustainable financial instruments: 35% of total gross debt
ODDO SUSTAINABILITY FORUM
INVESTOR PRESENTATION
JUNE 2022
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