by Amruth Sundarkumar | Jun 3, 2021 | China, ESG Bonds
China has led the issuances of green bonds this year till date. China has accounted for 13.4% of global green bond issuances raising $26.1bn as per Refinitiv data. This is in comparison to $10.1bn during the same period in 2020 and almost as much as the total issuance...
by bondevalue | Apr 5, 2021 | ESG Bonds
ESG bond issuance set a quarterly record of $270bn, over 4x higher than $65.6bn in Q1 2020 and 50% higher than the previous record of $180bn in Q4 2020. In combination with ESG loans, total ESG issuance stood at $360bn for the quarter ended March. IFR notes that of...
by bondevalue | Feb 19, 2021 | ESG Bonds
Swedish fast-fashion retailer Hennes & Mauritz AB (H&M) raised €500mn ($604mn) on Thursday via its debut bond. The company managed to slash the final pricing on the bond by half since initial price guidance after it received strong investor demand for the...
by bondevalue | Feb 8, 2021 | ESG Bonds, India
Indian corporate Ultratech Cement has launched its debut dollar bond this morning. It is looking to raise up to $400mn via a 10Y sustainability-linked bond with an initial price guidance of 210bp area over Treasuries. Based on the current 10Y Treasury yield, the...
by bondevalue | Jan 20, 2021 | ESG Bonds, Sovereign Bonds
Chile raised $4.25bn via sustainability-linked bonds (SLBs) in a dual currency offering. It raised $750mn via a tap of its 2.55% green 2032s sold at a yield of 1.962%, or T+87bp, 33bp inside initial guidance of T+120bp area. It also raised $1.5bn via a 40Y social bond...
by bondevalue | Nov 19, 2020 | China, ESG Bonds, Sovereigns
US markets took a dive late in the day, reversing gains early on. S&P ended 1.2% lower and Nasdaq fell 0.8% as increased cases and closure of New York public schools due to Covid hurt risk sentiment. Tesla followed up its index inclusion rally, up 10%...
