EIB issues new climate bond with longer tenor (12yr), EUR 500m ($657m), coupon 1.25%, AAA. Takes EIB total climate bond issuance to EUR 6bn! Posted: Sep 4, 2014 by Sean Kidney European investors yesterday snapped up a new Euro denominated “Climate Awareness Bond”(link is external) from EIB. With double the tenor of the …
EIB goes again – 7yr, SEK750m ($115m) climate bond for Storebrand/SPP
On Friday the EIB placed a 7 year, SEK750m Climate Awareness Bond with Norwegian pensions/insurance company Storebrand SPP. Coupon was 3-Month STIBOR +43bp. This follows on from the €650m Climate Awareness Bond they placed a week earlier. Go EIB!