Stories in "Sustainable Finance"
UK green bonds to tilt towards EU Taxonomy
People & Markets UK ditches planned classification systemUK could take green nuclear option for Sizewell C
Bonds Peers have already added zero-emissions power to green bond frameworksPSP Swiss Property prints first Saron floater
Single A rated Swiss real estate firm PSP Swiss Property took advantage of the summer lull to print the first Saron-based floating-rate note on Friday.
Global coalition launches blended finance action plan
A global coalition of governments, development bodies and private sector players has announced an action plan for blended finance, while the Cambridge Institute for Sustainability Leadership has called for modular finance structures and the greater use of guarantees to realise the asset class’s potential.
IDA advances towards US SEC exemption
More than seven years after it first entered international debt capital markets with its inaugural benchmark bond issue, the International Development Association is on course finally to achieve the exemption from Securities and Exchange Commission registration requirements that has long been enjoyed by other multilateral development banks.
Stats out for PSP Swiss Property CHF155m May 2027 green FRN
* Stats: 15acs. Bks c.155m. AM 59.5%, Bks 40.8%. (12:14pm)
Sabesp goes global with blue bond
Companhia de Saneamento Básico do Estado de São Paulo (Sabesp) tapped international markets with a US$500m blue bond, its first-ever global debt offering, just a year after the politically charged privatisation of Brazil's largest sanitation company.
PSP Swiss Property prices CHF155m May 2027 green FRN
* Priced: CHF155m cpn SARON+58bp at par. ISIN CH1455990171 (9:50am)
Final terms, timing out for PSP Swiss Property CHF155m May 2027 green FRN
* Launch: Size set at CHF 155m. Spread set at +58. Books are subject and will close 10.45 AM CEST. Pricing will follow thereafter. (9:30am)
Gecina finds ample demand on ECB day
French real estate company Gecina made the most of positive momentum from its first-half results on Thursday when it visited the primary market for the first time since 2022.
Gecina prices €500m 10yr green
* Priced: 3.375% ann coupon / MS+85 / 3.513% / 98.853 / DBR 2.6 08/15/35 (@99.310) +83.5bps / HR 95% / MWC OAT (FRTR 3.2 05/25/35 @ 98.79) +5bps. TOE: 13:36 UKT / 14:36 CET. FTT: 13:50 UKT / 14:50 CET. (1:47pm)
Allocs out for Gecina €500m 10yr green
* Allocs out. Final book €1.5bn+. Hedges vs DBR 2.6 08/15/35 (HR 95%) by 1.30UKT. CACIB B&D. (1:18pm)
Gecina 10yr green final terms: €500m at MS+85bps
* Final terms: €500m at MS+85bps. Books €3.3bn+ pre-rec at guidance. Allocs & pricing later today. (11:25am)
Books for Gecina 10yr green over €2.9bn, guidance out
* Guidance MS+95bps area. Books €2.9bn+, subject at 11:10 LDN / 12:10 CET. (10:52am)
IFC additions raise A$200m
International Finance Corp accessed the otherwise deserted Kangaroo market twice last week with a couple of A$100m (US$66m) additions.
China Mengniu Dairy sells ESG Dim Sum
China Mengniu Dairy raised Rmb3.5bn (US$489.4m) from a dual-part sustainable offshore renminbi bond offering comprising Rmb2bn 2% five-year and Rmb1.5bn 2.3% 10-year tranches, both priced at par.