Archive

  • Analysts predict weaker hurricane season this summer

    04 June 2018

    As the 2018 Atlantic hurricane season begins, forecasters predict a sharp contrast with last year which was one of the most catastrophic in recent memory.

  • Green bonds round-up, 2 May

    02 May 2018

    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.

  • Green bond round-up, 25 April

    25 April 2018

    More than $3.3 billion of green bonds have settled in the first three days of this week*, with announcements suggesting that a strong pipeline of issuance of green and social bonds can be expected in coming weeks.

  • Green bond round-up, 18 April 2018

    18 April 2018

    BNP Paribas has returned to the green bond market with a €500 million ($618 million), six-year offering paying a coupon of 1.00%.

  • People moves: Legal & General Capital, Vigeo Eiris, Lekela and NIB

    16 March 2018

    Legal & General Capital (LGC) has recruited former RBS group treasurer John Cummins as its managing director of urban regeneration and clean energy.

  • NRW issues its largest sustainability bond

    07 March 2018

    The State of North Rhine-Westphalia (NRW) has priced a €2.025 billion ($2.51 billion) sustainability bond – its largest ever.

  • Indonesia becomes first Asian sovereign green bond issuer

    23 February 2018

    Indonesia has become the first Asian country to issue a sovereign green bond, in an issue that was upscaled to $1.25 billion and saw dramatic price tightening.

  • European green bond fund AUM nears €3bn

    12 February 2018

    The value of European-domiciled green bond funds grew to €2.8 billion ($3.4 billion) at the end of 2017, having almost doubled in the past two years.

  • Green bond round-up, 07 February 2018

    07 February 2018

    Belgium is expected to commence a series of meetings with investors tomorrow as it officially revealed its intention to issue a green bond "in the near future".

  • Oligopolistic rating agencies must be forced to consider ESG, says HLEG

    31 January 2018

    The European Union should crack down on 'oligopolistic' credit rating agencies by forcing them to integrate environmental, social and governance (ESG) factors in their analysis, according to the High-Level Expert Group on Sustainable Finance (HLEG).