Weekly blog: TfL’s £400m green transport bond big success / China’s first on the way / first M&A green bond for Senvion / NIB back in market with SEK 1bn ($116m) 5yr / littlies from EBRD, World Bank, City of StPaul, Mytrah Energy / + gossip

Jay OwenSRI/ESG News, Greentech

Development Bank issuance Nordic Investment Bank issues its third green bond (SEK 1bn ($116m), 5 yr, 0.155%, AAA)  Nordic Investment Bank (NIB) has issued a SEK 1bn ($116m) green bond, its third SEK denominated green bond issuance (they call them Nordic Environmental Bonds – NEBs). The bond has a 5 …

Germany’s KfW issues largest ever USD green bond – $1.5bn! (AAAe, 1.75%, 5yr) and it’s still 1.6x oversubscribed

Jay OwenSRI/ESG News

  Germany’s KfW issues largest ever USD green bond – $1.5bn! (AAAe, 1.75%, 5yr) and it’s still 1.6x oversubscribed In Frankfurt yesterday I met yesterday with the KFW (Germany’s development bank) Capital Markets team, who ran through their latest latest green bond in USD. A strong result. It’s a follow-up …

China’s Trina Solar goes for a convertible solar bond: US$100m, 5yr, 4% coupon. It’s a challenging market environment for solar but the bonds keep coming.

Jay OwenGreen Prosperity

China’s Trina Solar is issuing US$100m of convertible bonds with 5-year tenor and 4% annual coupon, with semi-annual payments. An extra US$15m could be raised, as Trina has given the underwriters a 1-month window to buy additional bonds. Guess they are waiting to gauge demand. Underwriters are Deutsche Bank, Barclays, and Credit Suisse, with Roth Capital Partners as …

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

Jay OwenSRI/ESG News

  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 …

[Blog] MünchenerHyp cracks first thematic covered bond! EUR300m ($389m) Aaa 5yr, for coop housing. 1.6x oversubscribed. It’s the prototype for a Green Pfandbrief – at last!

Jay OwenGreen Prosperity, Reforming Global Finance

  MünchenerHyp cracks first thematic covered bond! EUR300m ($389m) Aaa 5yr, for coop housing. 1.6x oversubscribed. It’s the prototype for a Green Pfandbrief – at last! Münchener Hypothekenbank eG has just issued an “ESG-labelled” covered bond (or Pfandbriefe, as covered bonds are called in Germany) for refinancing of housing cooperatives. Oekom …

“What’s your nanodegree in?” | Smartplanet Daily

Jay OwenGlobal Citizen

Watch for our  MOOC launching  in July: the  ETHICAL MARKETS EXPLORATORIUM for global citizen activists ~ Hazel Henderson, Editor SmartPlanet Daily MANAGE |READ ONLINE |PREVIOUS SmartPlanet Daily A DAILY BRIEFING OF THE NEWEST STORIES ON SMARTPLANET, FIVE DAYS A WEEK. June 17, 2014 FROM THE DESK OF … Udacity’s new …

[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.

Jay OwenGreen Prosperity

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 …

Study Finds Increased Profits for Companies Embracing Sustainability

Jay OwenSustainability News

    February 11, 2013           News & Tools for Forward-Thinking Brands FORWARD TO A FRIEND >      Home       News & Views       Research       Events       Digital Learning       Solutions         Truvia Cuts GHG Emissions 35% In Less Than Two Years  Truvia, a global producer of calorie-free sweeteners, won carbon footprint certification last month within …

Carbon reporting victory promises boost for green businesses

kristySRI/ESG News

TOP STORIES Carbon reporting victory promises boost for green businesses The government has passed an important test of its environmental credentials – the green wing of the coalition deserves some praise READ» McDonald’s serves up hot new eco-uniform Wayne Hemingway designed uniform made from recyclable materials to be debuted at …