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Stockland issues Australia’s first green bond! EUR300m (US$380m), 7yr, rated A-, 1.5% coupon. Proceeds for green buildings - but ratings used do not guarantee climate performance

Submitted on Mon, 2014-10-27 02:14

Stockland, Australia’s largest diversified property group has issued a EUR300m (US$380m), 7-yr green bond. The bond is rated A-, achieving a 1.5% coupon.

Climate Bonds Partners program launched at World Pensions & Investments Forum in Paris. Join the ranks of climate bonds supporters!

Submitted on Thu, 2014-10-23 22:49

Paris: Today, at the World Pensions & Investment Forum, Climate Bonds Initiative CEO Sean Kidney launched the Climate Bond Partners program to support investors, issuers and underwriters to grow the green and climate bonds market.

Sean Kidney said: "Our mission is to mobilize trillions from debt capital markets for climate solutions — for a rapid transition to a low carbon and climate resilient economy." 

Kinexia’s Innovatec issues a EUR15m (US$19m) green bond, 6 yr, 8.125% coupon. Small in size, but high in yield! Higher yields is a sign of a maturing market

Submitted on Thu, 2014-10-23 18:14

Innovatec, an Italian energy-efficiency and energy services company, issues a EUR15m (US$19m), 6-year green bond with coupon of 8.125%. Sole underwriter is JCI Capital.

Finally Europe’s first high yield green bonds! Abengoa issues 2x 5yr bonds for a total of EUR500m ($340m) – ‘B’ & ‘NotRated’. Moving down the ratings is a sign of the green bonds market maturing

Submitted on Thu, 2014-10-23 18:05

Abengoa Greenfield S.A, a subsidiary of Abengoa S.A., has issued two green high-yield bonds (i.e. below investment-grade) for a total of EUR500m equivalent. For those of you unfamiliar with the company, Abengoa’s operations are focused on renewable energy (solar and biofuels), electricity transmission, energy IT systems, desalination and wastewater treatment.