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EDC Responds to Demand for Sustainable Investment With New Green Bond

DGAP-News: Export Development Canada / Key word(s): Miscellaneous
EDC Responds to Demand for Sustainable Investment With New Green Bond

01.12.2015 / 20:48
The issuer is solely responsible for the content of this announcement.

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OTTAWA, ON --(Marketwired - December 01, 2015) - Export
Development Canada (EDC) priced today a new USD 300 million 1.25%
Fixed Rate Green Bond due December 10, 2018. The lead
underwriters were BofA Merrill Lynch, Crédit Agricole CIB and
Morgan Stanley. This new bond reflects EDC's ongoing commitment
to developing the Green Bond market. This offering is scheduled
to close on December 8, 2015.

This is EDC's second Green Bond issuance. Its inaugural Green
Bond, which was issued in January 2014, received strong support
from the Green Bond investor community.

'The demand for sustainable investment products is rising in the
international capital markets community,' said Ken Kember, Senior
Vice-President, Finance, and Chief Financial Officer, EDC. 'EDC
is doing its part to sustain this upwards trend with this new
Green Bond offering.'

The proceeds of this offering will be used to support EDC's
portfolio of green assets, including loan assets made to
companies that are active in fields of preservation, protection
or remediation of air, water, and/or soil, creation of renewable
energy and mitigation of climate change.

'Encouraging environmental sustainability and the development of
Canadian cleantech companies is a core part of EDC's business,'
said Kember. 'The Green Bond is just one example of EDC's
commitment to widening its reach within this field.'

Examples of the transactions and projects related to EDC's Green
Bond program include:

Company/Project: BioAmber Inc.
Sector: Biofuels and Bioenergy
Location: Canada

Company/Project: Northland Power Inc., Buitengaats C.V. &
Zeenergie C.V. (Project Gemini)
Sector: Biofuels and Bioenergy
Location: Netherlands

Company/Project: Pinnacle Renewable Inc.
Sector: Biofuels and Bioenergy
Location: Canada

Company/Project: Raizen Energia S.A.
Sector: Biofuels and Bioenergy
Location: Brazil

The Centre for International Climate and Environmental Research
(CICERO), an independent research centre associated with the
University of Oslo in Norway, endorsed EDC's Green Bond
Framework.

In connection with any public offering in the United States by
EDC of green bonds, EDC has filed a registration statement
(including a prospectus) with the SEC for the offering to which
this communication relates. Before you invest in any such
offering, you should read the prospectus in that registration
statement and other documents EDC has filed with the SEC for more
complete information about EDC and this offering. You may get
these documents free by visiting EDGAR on the SEC Web site at
www.sec.gov. Alternatively, in connection with any such offering,
EDC will send you the prospectus if you request it by calling
[phone].

About EDC

EDC is Canada's trade finance agency, providing financing and
insurance solutions locally and around the world to help Canadian
companies of any size respond to international business
opportunities. As a profitable Crown corporation that operates on
commercial principles, EDC works together with private and
public-sector financial institutions to create greater capacity
for Canadian companies to engage in trade and investment.

For more information about how we can help your company, call us
at 1-888-434-8508.



Spokesperson
Caroline Elie
Export Development Canada
[phone]
[e-mail]

News Source: Marketwire


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01.12.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Export Development Canada


United States


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