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Green Bonds

EU Green Bond Standard, if implemented, will raise the bar on standards and may increase cost of issuance On June 18, 2019, the Technical Expert Group on Sustainable Finance (TEG) of the European Commission published its Report on EU Green...
Citigroup issues €1 billion three-year fixed-rate green note Last week Citigroup, whose senior debt is rated Baa1/BBB+, became the latest in a string of large US banks operating in the US to issue a green bond. Citigroup is the fourth...
Three new fund launches bring to six the number of green bond funds as of November 2018 Just in the last month, green bond funds doubled in number, with the launch of green bond mutual funds or exchange traded funds (ETFs) by Allianz Global...
Tax-Exempt Sustainable Bond by MBTA  The Massachusetts Bay Transportation Authority (MBTA) announced on September 18, 2017 that it is planning to issue about $574 million in bonds on Tuesday, September 26, 2017, consisting, in part, of Subordinated Sales Tax Bonds...
Since the announcement on August 11 and successful placement of Tesla’s $1.80 billion Senior Notes, some disappointment has been expressed by the fact that Tesla didn’t formally qualify as green the company’s newly issued notes. It was suggested that...
In the first six months of the year through June 30, 2017, 29 U.S. entities issued an equivalent number of taxable and tax-free green bonds valued at about $8.0 billion. This is roughly in line with U.S. issuance during...