market-report

Weekly blog: TfL’s £400m green transport bond big success / China's first on the way / first M&A green bond for Senvion / NIB back in market with SEK 1bn ($116m) 5yr / littlies from EBRD, World Bank, City of StPaul, Mytrah Energy / + gossip

Submitted on Thu, 2015-05-07 19:03

Development Bank issuance

Nordic Investment Bank issues its third green bond (SEK 1bn ($116m), 5 yr, 0.155%, AAA)

Nordic Investment Bank (NIB) has issued a SEK 1bn ($116m) green bond, its third SEK denominated green bond issuance (they call them Nordic Environmental Bonds – NEBs). The bond has a 5 year tenor, coupon of 0.155% and was rated AAA by S&P. SEB and Credit Agricole-CIB were the joint bookrunners for the deal.

Weekly blog: Unibail-Rodamco €500m($530m) green bond is x6 oversubscribed! EXIM Bank of India’s green bond funds transport & renewables; Berlin Hyp issues the FIRST ever green pfandbrief; TfL to issue green bond + KfW will invest €1bn in green bonds!

Submitted on Fri, 2015-04-17 10:48

Development Banks

EXIM Bank of India issues inaugural $500m green bond (5yr, 2.75%, BBB-/Baa3) to fund low-carbon transport, solar and wind projects

Wkly blog: KfW’s CEO: GB gets better price+investor diversity! KfW 1st kanga A$600($456m) goes bananas/OPIC 3rd 2015 offering $37.4m/More green US munis: Mass, Tacoma, Uni Arizona, Virginia Uni/ EIB’s impact reporting/CICERO’s green shades/WB’s Kyte call

Submitted on Wed, 2015-04-08 12:18

Development bank issuance

Massive demand for KfW’s third green bond offering, and first ever kanga bond, sees it upsize to A$600m ($456m) and its still oversubscribed! 5.25yrs, AAA, 2.4% coupon

After a blazing entry to the green bond market last summer German development bank KfW continued to lead with a Kanga (Australian dollar denominated) bond to the tune of A$600m ($456m). It’s KfW’s first ever Australian dollar bond.

April Fools': A Royal Green Bond! British crown estate issues inaugural green bond after pressure to focus on climate from green fingered Prince of Wales. £20m ($35m), 1.4%, tenor 15yr

Submitted on Wed, 2015-04-01 09:59

The British Crown Estate today issued its inaugural £20m ($35m) green bond, the UK’s third green bond following green bonds from Unilever and Big60Million. The bond has a 1.4% coupon and 15 year tenor.

Wkly blog: 1st recycling #GreenBond from France’s Paprec, another 1st #GreenBond from Swedish Wallenstam for wind+hydro; + Australian Hallett Hill wind project bond met with huge demand! + more repeat issuance from EIB, EBRD & World bank

Submitted on Thu, 2015-03-26 02:34

Development bank issuance

EIB taps their 2026 Climate Awareness Bond for a further EUR 250m ($274m), coupon 1.25%, AAA