Iberdrola places $1.6 billion in green bonds in the US with demand three times oversubscribed

Iberdrola has placed $1.6 billion (1.433 billion euros) in green bonds in the United States, in an issuance split into three- and seven-year tranches with coupons of 5.40% and 5.85%. Demand exceeded $5 billion, more than three times the amount offered, according to the published information.