use-of-proceeds

GB Market Report: Commercial and development banks: Costa Rica’s Banco Nacional ($500m, 5yrs) makes four from LATAM: We hail EIBs fifth CAB ($1.5bn, 10yrs), World Bank x 3 ($16.4m, 8yrs; $1.4m, 9yrs & $280m, 2yrs)!

 

Commercial banks

Banco Nacional de Costa Rica taps green bond market for the first time with a $500m high-yield issuance (5.875%, 5 yrs, BB+)

Green bond market report: 1st CBI certified Asian GB frm HFE; Repeat GB’s frm KEXIM ($400m), Mass Clean Water $207m, Ontario CA$750m($537m)& OPIC $14m. Plus US Muni GB’s frm San Diego $100m & Uni Texas $206m. Plenty of green gossip too!

The first certified green bond in Asia, a flurry of municipal green bonds from three corners of the US: Texas (University of Texas), Massachusetts (Mass Clean Water) and California (San Diego) and repeat green issuances from Korea’s KEXIM, Canada’s Province of Ontario and the US governments’ OPIC. Plus a first time green issuance from New York's MTA this week rounded of a busy start to the month.