Iberdrola's Unit Issues Two Series of $1.6 Billion Green Notes

MT Newswires · 2d ago
03:38 AM EDT, 10/27/2026 (MT Newswires) -- Iberdrola's (IBE.MC) Iberdrola Finanzas unit issued two series of green notes totaling $1.6 billion to fund and/or refinance its green projects, according to a Tuesday release. The first tranche of notes, which is due on Nov. 4, 2029, is worth $800 million and carries a fixed coupon of 5.40% annually. The second note series, which will mature on Nov. 4, 2033, is also worth $800 million. The Spanish electric utility company added that the 2029 notes were issued at 99.902% of their face value, while the 2033 notes were issued at 99.994%. Settlement of the offer is expected on Nov. 4, 2026, subject to requirements.