Commercial banks
Banco Nacional de Costa Rica taps green bond market for the first time with a $500m high-yield issuance (5.875%, 5 yrs, BB+)
Climate Bonds Blog
Posted: Apr 28, 2016
GB Market Report: Commercial and development banks: Costa Rica’s Banco Nacional ($500m, 5yrs) makes four from LATAM: We hail EIBs fifth CAB ($1.5bn, 10yrs), World Bank x 3 ($16.4m, 8yrs; $1.4m, 9yrs & $280m, 2yrs)!
Posted: Apr 27, 2016
There's been so much going on in the green bond space over the past couple of weeks that we have split the normal market report. Corporates were yesterday, here's the Municipal Report and Developlemt Banks and the remainder wil
GB Market Rpt: Water, water everywhere! Cleveland $32.4m, Saint Paul $7.7m, Indiana $115.8m, Columbia Uni $50m, California $411m, Massachusetts Water $682m! US municipal green bonds issuance is dominated by water.
Posted: Apr 25, 2016
For this market report edition we are focusing on the recent flurry of Corporate Green Bonds. There has been so much going on in the green bond space over the past couple of weeks that we will be blogging more about the municipal and development bank green bonds - and all those market developments - seperately, so keep an eye out
Corporate green bonds
Alliander makes green debut with a EUR 300m issuance ($339.6m, 10yrs, 0.875%, Aa2e)
GB Market Rpt: Alliander €300m ($339.6m, 10yrs); 1st China onshore corporate Concord Wind RMB200m ($31m, 3yrs); Iberdrola €1bn ($1.13bn, 10yrs), Vasakronan SEK550m ($67.6m, 2yrs); Latvenergo €25m ($28.4m, 6yrs)
Posted: Apr 21, 2016
Terrawatt Initiative and Climate Bonds Form New Partnership
Boost for Global Solar Financing and Investment
Terrawatt Initiative & Climate Bonds Form New Partnership
Posted: Apr 21, 2016
What’s it all about?
Sunny side up! FlexiGroup issues first Australian green ABS. Proceeds for solar & 5bps pricing benefit for green label! And…. It’s Climate Bonds Certified!
Posted: Apr 14, 2016
Latest news from Climate Bonds: The Marine Technical Working Group has been launched to develop eligibility criteria for low carbon and climate resilient investments in the marine sector
Launch of the Climate Bonds Marine Technical Working Group: Developing a low carbon screening tool for marine related investments; fisheries, coastal infrastructure, ports, marine energy and more!
Posted: Apr 12, 2016
Technical Working Group to analyse international developments in sustainable building to drive evolution of sector based investor-screening tool.
What’s it all about?
Low Carbon Buildings Technical Working Group Reconvenes; New experts on board; TWG to address global advances in sustainable building standards, energy & emissions performance
Posted: Apr 11, 2016
Quarter 1 of 2016 saw a remarkable take-off of the green bond market with a total issuance reaching $16.5bn, the largest ever-quarterly amount issued! That's almost a $1bn more than our inital tally.
This fantastic growth is driven in part by China which accounted for over half of all green issuance in the quarter.
Bank of America Merrill Lynch maintained its high gear from last year and tops the Underwriter League Table for the first quarter of 2016, with a total underwriting amount of $ 1.99 bn from 11 deals.
Q1 largest ever for green bonds ($16.5bn issuance); BAML leads the top 5 qtrly underwriters league table but remaining 4 spots taken by Chinese underwriters – showing the importance of China in growing GB market
Posted: Apr 8, 2016
First Global Exchange to Become a Climate Bonds Partner
What’s it all about?
London Stock Exchange Group (LSEG) become the first global exchange to join the Climate Bonds Partnership Program. LSEG incorporates a range of businesses including London Stock Exchange, Borsa Italiana and FTSE Russell Indexes.
London Stock Exchange Group (LSEG) Joins Climate Bonds Partnership Program. World’s oldest bourse takes further step on green bonds
Posted: Apr 5, 2016
Banks
Kommunivest’s inaugural green bond upsized to $600m marks the largest Nordic issue yet ($600m, 3yrs, 1.5% S/A, Aaa)
Sweden’s largest municipal lender Kommuninvest leapt into the green bond market for the first time with the largest issuance. The Swedish lender’s inaugural green bond of $600 m has a 3-year tenor, semi-annual coupon of 1.5% and is rated Aaa by Moody’s. Bank of America Merrill Lynch, Crédit Agricole CIB and SEB were lead underwriters for the deal.
Green Bond Market Report: Four new ‘AAA’ rated benchmark sized green bonds: Kommuninvest inaugural $600m (3yr) NWB Bank $1bn (10yr) Chinese bank SPD RMB 15bn ($2.3bn, 5yr) IFC $700m (10yr); &1st ever green Schuldschein frm Nordex €550m is CB Cert