EBRD testing the market for a new AAA 4.5yr $250m "environmental sustainability" bond, a.k.a. climate bond
Submitted on Tue, 2013-09-10 01:01The European Bank of Reconstruction and Development (EBRD) is, according to a friendly source, planning a new $250 million, 4.5 year bond under their "Environmental Sustainability" bonds program. SEB and Morgan Stanley are currently testing investor demand on behalf of the bank.