Climate Bonds: ‘EBRD $250m climate bond closes

Climate Bonds has posted a new item, ‘EBRD $250m climate bond closes / Norway’s REC planning $110m 5yr convertible / We’re looking for climate science-savvy interns’1. That EBRD AAA, 5 year “environmental sustainability” bond I blogged yesterday is out; proceeds go to climate related investments. See the EBRD announcement at http://goo.gl/8HwOBH. And check out their FAQ. Coupon is 1.625%. There were 14 buyers: 51% US, 31% European, 18% Asian. The sector allocation was: 64% to pension funds, 18% to central banks, 12% asset […]You may view the latest post athttp://www.climatebonds.net/2013/09/ebrd-rec-interns/