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S&P: Climate-related credit rating actions 'to grow'

Climate-related credit rating actions at corporate and infrastructure issuers doubled in number last year and are expected to continue to increase, S&P Global Ratings predicts.

Bond round-up: Constellation, Iceland, CapitaLand ... and more

EU raises €7bn from first new green bond since 2022

The EU has raised €7 billion ($7.6 billion) from a green bond in a deal that was more than 12-times oversubscribed.

Iceland: 'It is likely we will be a regular sustainable bond issuer'

Strong response to long-awaited inaugural green bond opens door to more issuance from the Nordic sovereign. Ahren Lester reports

Constellation raises $900m in first US 'nuclear' green bond

US energy firm Constellation has raised $900 million from the first green bond from an US issuer which can be used to finance nuclear power projects.

Corporate green bond issuance passes $1trn milestone

Cumulative corporate green bond issuance has now crossed $1 trillion, just over a decade after a company tapped the market for the first time.

Financial firms green bond lending disclosures 'need more detail'

Financial institutions that issue green bonds need to provide more detail on their 'green' lending portfolios, according to one investor.

US muni sustainable bond market to grow in 2024, predicts S&P

US municipal issuance of sustainable bonds is forecast to grow 5% in 2024 as issuers are incentivised to return to the market and issuance sizes continue to grow, according to S&P Global Ratings.

Landmark green shipping loan loses CBI certification amid contract cancellation

A ground-breaking green shipping loan has had its Climate Bonds Initiative (CBI) certification revoked after the borrower revealed plans to cancel the ship order the loan was intended to finance.

Loan round-up: Emirates Nuclear Energy Corporation, Trafigura, Italgas ... and more