Crelan expands sustainable range in Belgium via CS hedged low carbon play

Crelan is distributing the Low Carbon Booster NOK 2024 in Belgium. The capital-protected note – issued on the paper of Credit Suisse – is denominated in Norwegian kroner and participates 175% in the upside performance of the iStoxx Global Low Carbon ex-Controversial Activities Select 30 Index, subject to 12 month backend averaging. It is the first time the index, which tracks the performance of 30 companies with a low carbon footprint, is used as an underlying on the SRP database.