Pacific Life issues inaugural €600m green bond

Written by Adam Cadle

19/06/2025

Pacific Life has issued its inaugural €600m green bond.

As detailed in Pacific Life’s Sustainable Bond Framework, an amount equal to the net proceeds from the sale of the green bonds will be allocated to fund green investments including renewable energy and green buildings.

Crédit Agricole CIB acted as sole green structuring agent on the bond.

“This green bond issuance reflects Pacific Life’s ongoing efforts to meet the evolving needs of the global capital markets and offer diversified investment opportunities to our stakeholders,” said Joe Krum, head of the global institutional investment group at Pacific Life.

“Responsible investing is a key component of our broader investment strategy, and this transaction supports our goal of delivering long-term value through a well-balanced investment approach. We view green bonds as a natural extension of our capabilities and a way to broaden our presence in the market while aligning with investor demand.”

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