AXA IM Alts secures €500M for green logistics with oversubscribed bond
AXA IM Alts has raised €500 million through a new green bond issue. The funds will support sustainable investments in European logistics properties. This marks the company’s second such bond, following a similar move in 2021.
The bond carries a Fitch rating of A- and is set to mature in 2031 with a fixed coupon of 3.375%. Investor demand was high, with the issuance oversubscribed by more than six times.
The €500 million raised will strengthen the fund’s focus on sustainable logistics real estate. The oversubscription reflects growing investor confidence in green finance initiatives. The bond’s structure and use of proceeds remain in line with established sustainability guidelines.
