MIT issues green property bonds to refinance green buildings, $370m, 24 yr, 3.959% coupon, Aaae. We like!

  MIT issues green property bonds to refinance green buildings, $370m, 24 yr, 3.959% coupon, Aaae. We like! I’ve been in Montreal today discussing the prospects for green property bonds and arguing it’s as much about re-financing as new projects. We want an owner of a green hotel chain to be …

19 Notable Green Bonds Media Stories — June 2014

Compiled by Sean Kidney of the Climate Bonds Initiative www.climatebonds.net Includes WSJ, Global Capital, Boursorama and more Lots of coverage this month. We’ve divided stories into six topics: Green Property Criteria, Calls for Standards and Clarity, Market Analysis and Market Growth. Green Property Criteria Coverage following the opening of the Public Consultation …

Green BUzz: Finance powerhouses Michael Bloomberg and Mary Schapiro to lead SASB

Reporting Spotlight Finance powerhouses Michael Bloomberg and Mary Schapiro to lead SASB By Elsa Wenzel The 108th New York City mayor and the 29th chair of the SEC are taking leadership roles with the Sustainable Accounting Standards Board. …Read More 5 top reporting frameworks: A crash course By Anne Shiraishi …

[Climate Bonds] Canada’s first corporate green bond: TD Bank’s 3yr AA- CAD500m (USD454m) bond was 1.5 x oversubscribed. Our take: underlying structure & intent solid but better upfront disclosure needed + third party review.

Climate Bonds has posted a new item, ‘Canada’s first corporate green bond: TD Bank’s 3yr AA- CAD500m (USD454m) bond was 1.5 x oversubscribed. Our take: underlying structure & intent solid but better upfront disclosure needed + third party review.‘ A beautifully sunny day in Toronto today; the local weather’s looking …

[Climate Bonds] Unibail-Rodamco issues EUR750m 10 year, A+ green property bond, first green corporate bond of 2014 – 3.4x oversubscribed in less than 2 hours. The next wave of green is coming.

Unibail-Rodamco, a large European commercial property company, yesterday announced that it had placed a landmark EUR750mn green bond based on a portfolio of green buildings. The bond was 3.4 times oversubscribed with the order book reaching EUR2.5bn in under 2 hours! The first corporate green bond linked to property was issued by Sweden’s Vasakronan …