IFC does $500m green bond / Pennsylvania setting up national EE loan warehouse / Korea SWF becomes climate bonds buyer / SA green bond is 14 yrs / Reuters on need for RE bonds in EU
Submitted on Sun, 2012-04-29 19:32> The IFC on Friday issued a $500m Green Bond in the US market. Rated AAA, the three-year bonds was underwritten by JP Morgan. This is the first IFC green bond targeting US investors. All proceeds go to climate change related investments. Investors include BlackRock, TIAA-CREF, Climate Bond Standards Board member CalSTRS and the United Nations Joint Staff Pension Fund. The coupon is 0.5!
