Innogy gets upgraded, then sells super-tight green bond

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Innogy gets upgraded, then sells super-tight green bond

innogy
A banner for the eco-energy group Innogy hangs on a facade outside their press conference in Essen, Germany, 13 March 2017. Innogy earned less this year, but still met their own self-set targets. Photo: Ina Fassbender/dpa | Ina Fassbender/DPA/PA Images

Innogy, the German utility split off from RWE in April 2016, on Wednesday announced it would be holding investor calls about a new benchmark 10 year debut green bond issue. Later in the day, Standard & Poor’s upgraded the issuer to BBB.

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