Commentary & Deal Flow

The Autonomous Community of Castilla y León (CASTIL), rated A3 (Stable) by Moody’s, has mandated BBVA, Crédit Agricole CIB, HSBC, ING, Kutxabank Investment and Santander as Joint Bookrunners for its upcoming Sustainable EUR Bond transaction.

A Reg S Cat1, dematerialized book-entry form, short 8-year, €500m (WNG) Sustainable Bond transaction will follow, subject to market conditions. The bond will carry a maturity date on 30-Apr-34 and is expected to be rated A3 by Moody’s.

FCA/ICMA stabilisation.

The target market for the Bonds is professionals and eligible counterparties (all channels for distribution), each as defined in MIFID II.

Investor presentations, ESG Framework, SPO and Impact Report can be found in the link below:
{https://hacienda.jcyl.es/web/es/documentacion-para-inversores.html}

Additional relevant financial and macro-economic data from the region can be found on the links below:
{https://hacienda.jcyl.es/web/en/economic-financial-information-about.html?param2=1284199693737&param3=1284199693737}
{https://hacienda.jcyl.es/web/en/debt/basic-financial-data-region.html?param2=1284157686749&param3=1284157686749Datos}