Archive

Henkel signs €1.5bn sustainability-linked loan

Chemical and consumer goods company Henkel has signed a €1.5 billion ($1.7 billion) loan, which will pay interest at a rate tied to the company’s performance on environmental, social and governance (ESG) issues.

People Moves: CalSTRS, BNP Paribas, ERAFP, GWEC, FC4S and Cornerstone

Kirsty Jenkinson has been appointed as director of corporate governance at the California State Teachers' Retirement System (CalSTRS) and replaces Anne Sheehan, who retired in March.

Green bond round-up, 10 October 2018

Green bonds round-up, 3 October 2018

Getlink said its inaugural green bond had been "comfortably oversubscribed", helping it raise €550 million ($635 million) rather than the €500 million originally envisaged.

Green bond round-up, 26 September 2018

The Asian Development Bank has issued a $750 million green bond – its first benchmark transaction denominated in USD since August last year.

Green bond round-up, 22 August 2018

Bank Australia has raised AUD125 million ($92 million) from its inaugural sustainability notes.

GIG makes first Asian acquisition

The UK's Green Investment Group (GIG) has made its first acquisition in the Asian renewables market with the purchase of a portfolio of solar energy assets from Conergy.

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.

Green bond round-up, 16 May

The African Development Bank (AfDB) has priced its second social bond to help finance socio-economic development on the continent.

Green bonds round-up, 2 May

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.