water-bonds

DC Water issues AA+ $350m ‘green century bond’ – yes that’s right, the very first 100 year green bond! Now THAT is tenor. Plus, it’s the first US green bond to get an independent review – at last!

Submitted on Tue, 2014-07-15 04:32

District of Columbia Water have just announced the close of the first 100 year maturity ‘green century bond’ to finance water projects. Yes, you read that right, 100 years!

Dutch water utility NWB issues EUR500m ($680m), 5yr AAA green bond. And yes they have clear climate-related criteria. Yahoo!!

Submitted on Fri, 2014-06-27 00:46

By Rozalia Walencik and Sean Kidney

Nederlandse Waterschapsbank (NWB), a Dutch bank that lends to public sector and social entities, today announced its first green bond at EUR500m. NWB is rated Aaa (negative) / AA+ (stable). Bookrunners were Rabobank, SEB and HSBC.

ADB issues Water Bonds, mulling climate bonds

Submitted on Sun, 2010-03-07 10:29

Now the Asian Development Bank (ADB) is getting with the "themed" bonds rhythm: they're marketing Water Bonds to finance its work in the AsiaPac water sector. Daiwa Securities is lead manager; bonds will be issued in Australian dollars and South African rand.

While bond finance for water infrastructure is commonly sought in developed countries, it's rare in emerging nations.