Archive

Fitch: Real estate slump sinks offshore Chinese sustainable bond market

Offshore Chinese sustainable bond issuance slumped a third in 2023 as issuance from the country's ailing property sector contracted significantly, according to Sustainable Fitch - but onshore issuance continued to grow.

Snam secures inaugural Moody's net-zero plan score

Snam has been awarded the inaugural Moody's 'Net Zero Assessment' (NZA) score, with the Italian energy infrastructure firm praised for its "clear" Scope 1 and 2 emissions reduction plan but was warned of challenging Scope 3 "hurdles".

Barclays: Investors expect more sovereign SLB issuers in 2024

A majority of investors are expecting new sovereigns to issue sustainability-linked bonds (SLBs) in 2024, according to a Barclays survey - despite reservations about the performance-based instrument.

Investors to challenge sovereign SLB issuers using ASCOR, investor says

Investors plan to use a tool for assessing countries' climate progress to challenge issuers of sustainability-linked bonds (SLBs) on the strength of their targets, an investor has said.

$4trn outstanding sustainable bond milestone crossed

The sustainable bond market has crossed the $4 trillion outstanding issuance milestone, according to Environmental Finance Data - but a maturing market could slow progress towards the next trillion.

World Bank: Expect 'more and bigger' outcomes-based bonds

Following the Bank's recent plastic waste reduction bond, Michael Bennett tells Ahren Lester that its ambitions are growing

'Sleeping' sustainability-linked leveraged loans 'need to be stamped out'

The unwelcome resurgence of 'sleeping sustainability-linked' leveraged loans - which are signed before key sustainability provisions are finalised - needs to be "stamped out" in 2024, according to Fitch Solutions-owned Covenant Review.

Loan round-up: Acciona, Bruntwood SciTech, Ascend Telecom and ... more

Hong Kong raises $750m from second 'digital' green bond

Hong Kong has raised more than $750 million from a multi-currency green bond, issued in digital format using blockchain technology.

Japan confirms ground-breaking 'transition bond' debut next week

Japan is going to raise around JPY800 billion ($5.4 billion) from its ground-breaking debut 'climate transition' bond (CTB) next week, becoming both the sovereign to use the 'transition' bond label.