Green Bond Fact Sheet

Uniqa Insurance Group

Date: 28/07/2020

Issue date: 09-07-2020 Maturity date: 09-10-2035 Tenor: 15.3
Issuer nameUniqa InsuranceGroup

Amount issued

EUR200m/USD222m

Country of risk

Austria

CBI Database

Included

Issuer type1

Financial Corporate

Bond typeHybrid

Green bond framework

N/A

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
ReportingCompany information

There will be allocation and impact reporting on an annual basis until the full allocation ofthe proceeds. This will include the total amount of proceeds per category, proportion ofproceeds allocated to refinancing and the balance of unallocated proceeds. The impact
reporting will contain relevant environmental metrics such as tonnes of carbon dioxide
equivalent emissions avoided and water losses avoided (m3).
Uniqa Insurance provides life, property, casualty insurance and health insurance to around10.5 million customers in 16 countries. It is headquartered in Vienna.

Firsts, records andcertifications
Proceeds description

Eligible projects categories are renewable energy, pollution prevention and control, cleantransport, and sustainable water and wastewater management. Renewable energy projects
are limited to solar and wind power projects. There will be municipal waste to energy
projects, which includes mechanical-biological treatment, materials recovery, combustion
with energy recovery, and anaerobic digestion financed and all intended investments
related to clean transportation – rolling stock, rolling stock refurbishment, railtransportation systems and infrastructure – will be exclusively for electric-powered railtransportation. The sustainable water and wastewater management category includes
investments in projects aiming to improve the energy and/or water efficiency of watersupply and wastewater treatment infrastructure.

Climate Bonds view

This is the first insurance from Austria to issue a green bond financing a broad range ofcategories. Insurances’ role in fighting climate change is two-fold: the assets they insure
and the assets they invest in. It is great to see Uniqa Insurance coming to the market with ahopefully overall green approach to the aforementioned points.
HSBC, JPM, Raiffeisen

Underwriters
Deal comments
Credit rating

BBB (S&P)

Pricing summary••••

Interest spread: ms +370bps
Yield: 3.356%
Coupon: 3.25%
Price: 99.507%

Investors summary

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