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, 21 Nov
US real estate company Boston Properties has raised $1 billion from its inaugural green bond.
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.
Trump highlights need for responsible investment funds, says BMO
A Trump presidency increases the need for a sustainable global equities strategy, according to one fund manager.
US Bancorp to stop financing fossil fuel pipelines
US Bancorp, the second oldest charted bank in the US, will not invest in future oil and gas pipelines as part of a landmark new environmental policy.
$80m green bond prices for hydropower
An energy firm has priced an $80.05 million green bond, the proceeds of which will be used to complete the financing of a hydroelectricity project.
MTA to return to market with $500m green bond
New York's Metropolitan Transport Authority (MTA) is gearing up to launch a $500 million green bond – its second in as many months.
Toyota confirms up-sizing of latest green ABS
Toyota has increased the size of its third green asset-backed bond to $1.6 billion, from an initial $1.2 billion.
DC Water green bond raises $100m
District of Columbia Water and Sewer Authority (DC Water) has raised $100 million in its second green bond, announced last month.
DC Water to return to green bond market with second deal
The District of Columbia Water and Sewer Authority (DC Water) is readying itself to issue a second green bond, following its landmark transaction last year.
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