Green Bond Fact Sheet

Bankinter

Date: 19/02/2020

Issue date: 06-02-2020 Maturity date: 06-10-2027 Tenor: 7.7
Issuer Name

BankinterAmount Issued

EUR750m/USD834m

Country of risk

Spain

CBI Database

Included

Issuer Type1

Financial Corporate

Bond TypeSr Non PreferredGreen Bond Framework

Link to Framework

Second party opinion

Sustainalytics

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☒ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☒ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
Reporting

There will be annual reporting available on the corporate website on the allocation of net
proceeds until the bond matures.
a) Total outstanding amountb) Total allocation to each green loan categoryc) If possible, additional information of the green projects.
d) Share of proceeds used for new financing and refinancing.
e) Positive environmental impact based on Bankinter´s share of the financing the total
investment.
f) If available renewable energy generation (MWh per year), installed renewable energy
capacity (MW) and GHG savings (tonnes per year) for the renewable energy category andenvironmental certification (as applicable) and reduction in energy use (MWh per year) GHG
savings (tonnes per year) for green and energy efficient buildings.

Company information

Bankinter was founded in 1965 and provides mainly private and corporate banking as wellas insurances. The bank offers mortgage loans, pension funds, life insurance, leasefinancing, credit cards, mutual funds, online stock brokerage, private banking, and internet
banking services.

Firsts, records andcertifications
Proceeds description

Proceeds will go towards new and existing green loans which will finance or refinance theacquisition, development, operation and maintenance of new and ongoing renewableenergy activities (solar photovoltaic and wind energy) or the development or acquisition ofresidential, public and commercial buildings which meet regional, national orinternationally recognized regulations, standards or certifications.

Climate Bonds view

Only a few financial institutions have issued senior non preferred green bonds and this isalready the third of this kind coming from Spain.
Santander, CACIB, Natixis, BBVA, BankinterUnderwriters
Deal comments
Credit Rating

BBB (S&P)

Pricing summary••

Interest spread: ms + 80bps
Coupon: 0.625%

Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign