Archive

Green bonds round-up, 18 July 2018

Terna, the operator of the Italian electricity grid, has entered the green bond market for the first time, with a €750 million ($872 million) offering maturing in July 2023.

Banks report on TCFD-linked pilot study into physical risks

A scenario-based approach to help banks estimate the climate-related physical risks in their loan portfolios has been published in response to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

US water utility readies world-first ‘puttable’ green bond

The Public Utilities Commission of San Francisco (SFPUC) is preparing to issue what is believed to be the first green bond to incorporate a put option.

BAML regains top green underwriter spot, as US market 'reawakens'

Bank of America Merrill Lynch (BAML) has regained the title of leading underwriter in the green bond market, helped by a "reawakening" of the US corporate market.

Rick Stathers joins Aviva Investors' growing ESG team

Rick Stathers has been appointed as senior ESG analyst, and Sora Utzinger as ESG analyst by Aviva Investors. Both were previously at CDP.

Green bond round-up, 11 July 2018

Japanese and London Stock Exchange link to promote sustainable investment

London Stock Exchange Group (LSEG) and Japan Exchange Group (JPX) have jointly agreed to develop financial market infrastructure initiatives to promote sustainable investment globally.

AccorHotels signs €1.2bn sustainability-linked loan

A consortium of 15 banks has signed a deal with AccorHotels to link the interest rate on a €1.2 billion ($1.4 billion) loan to the hospitality company’s sustainability performance.

Green bonds round-up, 4 July

Spanish utility Iberdrola has returned to the market with its tenth green bond. The €750 million deal pays a coupon of 1.25% and matures in October 2026.

France plans new tap of green OAT this week

The French government is preparing to tap its green sovereign bond for the fourth time.