TD Bank Group has issued its inaugural Swiss franc green bond, raising CHF 150 million in what is also the Canadian lender's first green bond issued in a European debt market. Nicole Vadori, Vice President and Head of Sustainability at TD, said the bond "continues building the strength of our sustainable financing program, helping us support clients pursuing sustainable investment in a new jurisdiction".
The bank did not disclose pricing or maturity details beyond the size of the transaction.
FIRST STEP INTO EUROPE
The CHF 150 million deal is TD's first green bond in a European debt market. TD said the issue strengthens its Sustainable Financing Program.
PART OF THE CAD 500 BILLION TARGET
The bond is TD's seventh sustainable-labelled issue, taking its total sustainable bond issuance to more than CAD 5.2 billion since 2014. TD's press release also pointed to its CAD 500 billion Sustainable and Decarbonization Finance Target.
TD said details of its sustainability performance are set out in its 2025 Sustainability Report.
The press release also referred to TD's broader sustainability strategy, Protect, Adapt, and Grow.
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