Archive

  • Historical returns prove better ESG ratings trade better, says Kroll

    18 September 2023

  • 'Blunt' ESG scores have 'no place' in credit rating process, says KBRA

    13 August 2021

    Kroll Bond Rating Agency (KBRA) said environmental, social and governance (ESG) scores have "no place" in the credit rating process despite ESG risks being relevant to credit quality, arguing the "blunt" ESG scores can "distract" credit analysts from their fundamental work

  • Ratings agency Kroll warns on possible US curbs on ESG investments

    22 September 2020

    Proposed rules on the fiduciary duties of US pension plans "could have far-reaching implications for the investment community as well as on any investments that aim to create a positive social or environmental impact," according to ratings agency Kroll.

  • Green bond round-up: BNP Paribas; NYSERDA; Nigerian first; Konan Ultra Power

    06 March 2019

    BNP Paribas has returned to the green bond market, with a €750 million ($850 million) transaction.

  • Green bonds round-up, 23 January

    23 January 2019

    Ontario Power Generation (OPG) has issued its second green bond, raising CAD500 million ($375 million).

  • Green bonds round-up - 24 Oct - 17 new deals

    24 October 2018

    Royal Schiphol Group, the owner of Amsterdam's Schiphol airport, has priced a green bond worth €500 million ($576 million), making it the first European airport to issue green-labelled notes.

  • Green bonds round-up, 4 July

    04 July 2018

    Spanish utility Iberdrola has returned to the market with its tenth green bond. The €750 million deal pays a coupon of 1.25% and matures in October 2026.

  • Green bonds round-up, 2 May

    02 May 2018

    DTE Electric, an electricity utility based in Detroit, Michigan, has entered the green bond market with a $525 million, 30-year issue. It pays a coupon of 4.05% and was priced at 97 basis points over US Treasuries, giving a yield to maturity of 4.076%. The issue has been rated Aa3, A and A+ by Moody's, S&P Global and Fitch, respectively.

  • Green bond round-up, 25 April

    25 April 2018

    More than $3.3 billion of green bonds have settled in the first three days of this week*, with announcements suggesting that a strong pipeline of issuance of green and social bonds can be expected in coming weeks.

  • Green bond round-up, 11 October 2017

    11 October 2017

    Fiji looking at green bonds, says economy minister Fiji is considering using green bonds to help boost the country's renewable energy resources, according to a senior minister quoted in the local press.