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Showing 31 - 40 of 51 results for "use of proceeds"

Pricing, liquidity, standards challenge green bond market: Aviva Investors

RACHEL ALEMBAKIS  |  FRIDAY, 11 OCT 2019  |  NEWS
... problem has come up - where do green bonds price? There are some extra requirements around green bonds, not only use of proceeds, but documentation and verification. That costs a bit of money. Who pays for that? If you're targeting to ESG or ethical ...

Australia's green bond issuance tops $15 billion: Climate Bonds Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 30 AUG 2019  |  NEWS
... global best practice, showing diversity of product, transparency for investors and lenders, innovation in the use of proceeds and commitment to uphold market standards." Australia's annual green bond issuance in the 2018 calendar year nearly doubled ...

Insight Investment applies traffic light analysis to green, impact bonds

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
... environmental impact bond on three categories - the ESG performance of the issuer, the structure of the bond including use of proceeds, and the bond impact assessment. A bond is then marked red, amber or green, depending on the strength of its reporting ...

flexigroup issues $90.9 million Climate Bond certified green bond tranche

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAR 2019  |  NEWS
... Climate Bonds Initiative (CBI) as being aligned to the Paris Agreement goals and the bond proceeds in line with the use of proceeds criteria. The $90.9 million green tranche is part of a larger $300 million asset back security floa, supported by a pool ...

IFC to permit structuring of loans in accordance with Green Loan Principles

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAR 2019  |  NEWS
... Loan Principles, IFC clients are required to establish a management system to track, manage, and report on the use of proceeds of a loan for dedicated green projects and have it verified by a third party. IFC will support its clients' efforts to meet ...

Bank Australia issues $125 million sustainability bond linked to SDGs

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
... (GBP), Social Bond Principles 2018 (SBP) and the Sustainability Bond Guidelines (SBG)a around the four pillars of use of proceeds, process for asset evaluation and selection, management of proceeds and reporting. "From our perspective, the use of proceeds ...

Macquarie Group issues £500 million facility to finance green projects

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUN 2018  |  NEWS
... Principles are based on a similar blueprint to the Green Bond Principles, and seek to establish best practice across use of proceeds, project evaluation and selection, management of proceeds, and reporting. Macquarie is the first financial institution ...

NAB sheds light on process of issuing green RMBS

RACHEL ALEMBAKIS  |  FRIDAY, 16 FEB 2018  |  NEWS
... Zileli noted that the green tranche was certified by DNB and there is a system of paydown in place to meet the use of proceeds test over time. The Clean Energy Finance Corporation (CEFC) has made a $25 million cornerstone investment in the Class A1-G ...

Australian Catholic University issues $200m Sustainability Bond

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2017  |  NEWS
... goals." ACU consulted and used Sustainalytics as a second opinion and KPMG to provide assurance over the program and use of proceeds, Jenkins said. Part of the money will be used to refinance the six-star Daniel Mannix building in Melbourne. "Future ...

Climate Bonds Initiative analyses disclosure of use of proceeds

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
The majority of issuers of green bonds are providing "a degree" of public information about use of proceeds, according to a report from The Climate Bonds Initiative. Sean Kidney, CEO, Climate Bonds Initiative The report, Post Issuance Use of Proceeds ...