Archive

Green bond comment, April: A return to form

After pausing for breath in 2018, the market for green, social and sustainability bonds surged again in the first quarter of this year.

Green bond round-up: ICO, Klabin, Reykjavik Energy, Midsummer, IBRD, Fabege, Housing New Zealand, Argosy Property and Vasakronan

Instituto de Crédito Oficial (ICO), a state-owned Spanish bank, has issued a €500 million ($562 million) green note that matures in 2024.

Winners of Environmental Finance Bond Awards 2019 honoured by market

The Environmental Finance Bond Awards 2019 feature several repeat winners alongside many new names, as 13 extra categories were added this year in response to the rapid growth of social and sustainability bonds.

Green bonds round-up: IBRD, Folksam Group, Electrolux, Interstate Power & Light, Pace Funding Group, EBRD

The International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, has tapped the €600 million ($675 million) green bond it issued in November to raise a further €250 million.

Green bond round-up: Danske Bank, Cassa depositi e prestiti, Kommuninvest, Teonec, NYSERDA, NY State Housing and Vasakronan

Danske Bank has become a green bond issuer for the first time, in a deal worth €500 million ($568 million).

Green bond round-up: Société du Grand Paris, Duke Energy, ReNew Power, Kommuninvest, World Bank, Santa Fe

Xylem signs $800m sustainability-linked credit facility

Global water technology company Xylem has signed an $800 million sustainability-linked senior unsecured revolving credit facility, which it claimed is one of the first sustainable improvement loans in the US.

Boston Common withdraws climate resolutions with Verizon and Home Depot

Boston Common Asset Management has withdrawn its climate-related shareholder resolutions with Verizon Communications and The Home Depot after reaching agreements with the companies.

JP Morgan launches high-yield corporate ESG bond index

JP Morgan has created an environmental, social and governance (ESG) tilted, high-yield corporate bond index.

Poland prices longest-dated sovereign green bond

The Republic of Poland has priced the longest-dated sovereign green bond, as it returned to the green bond market for a €2 billion ($2.3 billion) fundraise.