Lenz & Staehelin: City of Geneva issues first green bonds

In a groundbreaking move, the City of Geneva revealed its venture into the green bonds arena, successfully raising an impressive CHF 140 million in aggregate principal amount. This marks the City’s inaugural foray into green bond issuance, signaling a commitment to sustainable finance.

This strategic move underscores Geneva’s dedication to aligning financial activities with environmental sustainability, setting a noteworthy precedent in the region.

Lenz & Staehelin has guided the City of Geneva through this financial milestone. The advisory team, led by partners François Rayroux (ESG and Asset Management/capital markets, pictured left)), and Ariel Ben Hattar (pictured right), also includes associate Jeremy Bacharach, with expertise in capital markets.