Archive

  • Loan round-up: EDF, Bandwidth IG, Snam ... and more

    16 May 2024
  • Bond round-up: Dow, Snam, Hong Kong and ... more

    14 February 2024
  • Snam steps away from transition bonds with green, SLB deal

    13 February 2024

    Snam has raised €1.5 billion ($1.6 billion) from a dual-tranche green and sustainability-linked bond, as the Italian energy infrastructure firm stepped back from the 'transition' bond label it helped pioneer.

  • Snam secures inaugural Moody's net-zero plan score

    12 February 2024

    Snam has been awarded the inaugural Moody's 'Net Zero Assessment' (NZA) score, with the Italian energy infrastructure firm praised for its "clear" Scope 1 and 2 emissions reduction plan but was warned of challenging Scope 3 "hurdles".

  • Snam raises €650m from EU Taxonomy-aligned 'transition' bond

    22 November 2023

    Italian energy infrastructure firm Snam has raised €650 million ($710 million) from its second EU Taxonomy-aligned transition bond, in a deal which was more than four-times oversubscribed.

  • Bond round-up: KfW, Snam, Landwirtschaftliche Rentenbank ... and more

    27 September 2023
  • Bond round-up: Thailand, Asian sovereign spotlight, Iberdrola, Snam ... and more

    07 December 2022
  • Snam's return to transition bonds 'a big sign' SLBs are under pressure

    05 December 2022

    The return of Italian energy firm Snam to the controversial transition bond market is a "big sign" investors are pushing for more ambition from sustainability-linked bond (SLB) issuers, according to a banking source.

  • Green Bond Comment, August 2021: A new dawn for the beleaguered transition bond label?

    04 August 2021

    Once seen as the next exciting frontier in sustainable fixed income, the take-up of transition bonds has so far underwhelmed the market. But could the beleaguered label stage a fight back, asks Ahren Lester

  • 'Transition' firms preferring sustainability-linked over transition bonds

    12 April 2021

    Sustainability-linked bonds are proving more popular for carbon-intensive issuers than transition bonds, and experts are worried the 'transition' label is adding unnecessary confusion in the market. Ahren Lester and Christopher Marchant report