Gecina Issues €500 Million in Green Bonds at 3.25%, Oversubscribed by 3.5 Times
On Wednesday, Gecina successfully issued €500 million in green bonds maturing in June 2031, anticipating its 2027 refinancing. The issue was oversubscribed by 3.5 times, featuring an annual coupon of 3.250% and a spread of 68 basis points.
Strengthening the Group's Refinancing Profile
This issuance fills a gap in the 2031 maturity schedule for the Paris-based SIIC and distributes its refinancing needs in a balanced manner over time. The operation is part of a strategy to secure the financial structure under market conditions described as favorable. Gecina has maintained some of the best credit ratings in the sector for eight consecutive years: A- (stable outlook) from Standard & Poor's and A3 (stable outlook) from Moody's (confirmed in May 2026).