Archive

Bond round-up: Dow, Snam, Hong Kong and ... more

Snam steps away from transition bonds with green, SLB deal

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

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

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

Bond round-up: Thailand, Asian sovereign spotlight, Iberdrola, Snam ... and more

Snam's return to transition bonds 'a big sign' SLBs are under pressure

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?

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

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

Winners revealed in Environmental Finance's Bond Awards 2021