Archive

DTE Electric, an electricity utility based in Detroit, Michigan, has entered the green bond market with a $525 million, 30-year issue. It pays a coupon of 4.05% and was priced at 97 basis points over US Treasuries, giving a yield to maturity of 4.076%. The issue has been rated Aa3, A and A+ by Moody's, S&P Global and Fitch, respectively.

The first green covered bond from a Nordic bank will be issued tomorrow.

Green tagging is emerging as a key strategy for leading European banks looking to scale up financing of energy-efficient real estate, a report has found.

It was great to have something positive to announce about the US green bond market at this year's Green Bonds Americas conference!

Industrial and Commercial Bank of China (ICBC), the world's largest bank, has issued a green bond with a value of about $2.15 billion.

German mortgage lender Berlin Hyp has priced its second 'green Pfandbrief' – its third green bond –raising €500 million ($560 million).

German mortgage lender Berlin Hyp is set to return to the green bond market with its second euro-denominated covered green bond.

After another record-breaking year for the green bond market, Environmental Finance is preparing to honour the market leaders as it calls for entries for its annual Green Bond Awards.

Danske Bank has extended its first green loan with 'improved terms' to a real estate client, Fabege, because it is financing green buildings which it believes have a lower level of risk.

Tagging loans according to the energy efficiency of the underlying assets could make a valuable contribution to scaling up green financing, say Nick Robins and Peter Sweatman