Search Results

Showing 141 - 150 of 443 results for "debt"

Data centre operator refinances multi-billion-dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
... of an existing sustianbility linked loan, going from $2.1 billion to $4.6 billion. The transaction will refinance existing debt facilities and support the company's "rapid expansion across the region." AirTrunk's SLL links the company's financing to ...

Pact Group sells stake in crate pooling business

RACHEL ALEMBAKIS  |  THURSDAY, 17 AUG 2023  |  NEWS
... $37 million (after tax) property, plant and equipment in the packaging and Sustainability segment." Pact initially pay down debt with the net cash proceeds of the sale to Morrison & Co. "We have created a joint venture out of this, and will help to accelerate ...

Blackstone closes record energy transition fund at $7.1bn

ROSE MARY PETRASS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... has $295 billion in AUM and seeks risk-adjusted returns by investing across the entire corporate credit market, from public debt to private loans. "The energy transition is impacting large sectors of the economy and is resulting in a growing need for ...

Climate: debt rise, credit falls for 59 nations as early as 2030

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
... credit ratings in 59 countries due to climate-related factors, resulting in a substantial rise in both corporate and sovereign debt by tens of billions of dollars from 2030. Under various warming scenarios, climate-induced sovereign downgrades will increasingly ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... Governments that manage climate change transition poorly may encounter difficulty finding investors to buy their sovereign debt. New research finds carbon dioxide emissions, natural resources rents, and renewable energy adoption statistically impact ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... "At the time, the description of the exclusionary screens did not provide a sufficiently detailed explanation that certain debt issuers lacking research coverage were still included in the benchmark," Vanguard said. "As a result, it is possible the portfolio ...

Executive appointment roundup: State Street, ANZ

RACHEL ALEMBAKIS  |  THURSDAY, 13 JUL 2023  |  NEWS
... Emily Tonkin has been appointed head of sustainable finance, UK and Europe. Tonkin has an extensive background in structured debt and coverage across multiple roles at ANZ, Royal Bank of Scotland and ABN Amro. She relocated from Sydney to London in April. ...

ANZ augments sustainable finance team

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUL 2023  |  NEWS
... Emily Tonkin has been appointed head of sustainable finance, UK and Europe. Tonkin has an extensive background in structured debt and coverage across multiple roles at ANZ, Royal Bank of Scotland and ABN Amro. She relocated from Sydney to London in April. ...

New net zero bondholder stewardship guidance: IIGCC

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... unexpected asset impairment and increased default risk for issuers. IIGCC's Guidance focuses on publicly listed corporate debt, with a breakdown by different bond types, as well as a six-step toolkit and examples of corporate bondholder stewardship in ...

NSW Modern Slavery Plan to build prevention capability

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... term that covers a range of different legal offences, including servitude, sexual servitude, forced labour, forced marriage, debt bondage, trafficking, deceptive recruiting, organ and tissue trafficking, and online exploitation of children. Modern slavery ...