eib

EIB goes again: taps Nov 19 Climate Awareness Bond for a further EUR350mn ($478mn) = biggest green bond outstanding at EUR1.5bn ($2bn)!!

Today, the EIB (AAA) announced that is has re-opened its EUR denominated Climate Awareness Bond for a further EUR350mn ($478mn) tap bringing the total size of the bond to EUR1.5bn or just over $2bn. This makes it the largest climate/green bond currently outstanding. The tap was timed with the publication of the Green Bonds Principles by major banks.

 

Morgan Stanley & Credit Ag shopping proposed EDF green bond this week / EIB issues 4yr ZAR500m ($48m) climate bond

Electricité de France (EDF) is planning a Euro bond linked to their renewable energy assets. They’ve mandated Morgan Stanley and Credit Agricole CIB to arrange a series of  investor meetings in Europe over the coming week. No word yet on size. EDF is rated A+/Aa3/A+ (Stable/Neg/Neg) by S&P/Moody's/Fitch.