Archive

'Pure-play taskforce' launched for green, social loan market

Influential loan market trade associations have convened a 'pure-play taskforce' to develop guidance on how 'green'- and 'social'-focused companies can access the existing labelled sustainable loan market.

Nuveen: PG&E credit upgrade 'not possible' without wildfire recovery bonds

The projects financed by Pacific Gas & Electric (PG&E) through its Wildfire Recovery Bonds were "critical" to the recent credit rating upgrade for the US utility firm, according to Nuveen.

Trade associations launch 'refreshed' sustainable loan principles

Influential loan market associations have published an updated set of the widely used sustainable loan principles, with the most substantial changes made to the Sustainability Linked Loan Principles (SLLP).

$500m CCMM bond marks 'new era for climate finance'

The Climate Investment Funds Capital Markets Mechanism (CCMM) has issued a $500 million bond, in a deal hailed as the dawn of "a new era in climate finance".

'Unlikely' potential Transition Loan Principles will launch in 2024

The expert taskforce brought together by influential trade associations to look into developing ground-breaking Transition Loan Principles (TLP) is unlikely to publish any guidance before next year.

US exodus of CA100+ continues as politicians say it could violate antitrust laws

More US asset managers have departed Climate Action 100+ (CA100+), as Republican politicians wrote to more than 100 investors asking them how they would pressure companies to decarbonise and suggested that signatories could have breached US antitrust law.

Ground-breaking 'Transition Loan Principles' expected by November

With formal principles on the horizon, the 'transition loan' market could be on the cusp of a new era - a dramatic step-change that could extend into the bond market. Ahren Lester reports

Loan round-up: CALC, Aguas Pacifico, NYK Line ... and more

Loan round-up: Thai Union, Pacific Basin Shipping, AET...and more

External reviews are the 'main sticking point' for sustainable loan deals

Updated guidance on external reviews is being readied, the Loan Market Association's Gemma Lawrence-Pardew tells Ahren Lester