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By Alice Gledhill

May 11, 2020 at 11:13 AM UTC

Updated on

May 11, 2020 at 1:47 PM UTC

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Credit Suisse Group AG is set to price its first green bond, two years after outlining plans for a debut sale via a different part of the business.

The Swiss bank’s London branch will issue the 500 million-euro ($540 million) five-year bond, after getting more then 2.8 billion euros of orders. In March 2018, the bank held a roadshow for a green-bond sale by its holding company, which wasn’t subsequently followed by an offering.