Ahren Lester

Articles by Ahren Lester

  • EU work on SLB regulation may come too late, says IEEFA

    27 March 2024

    European Commission work on regulating sustainability-linked bonds (SLBs) may come too late to help reach 2030 climate goals, according to a think tank.

  • L&Q faces SLB coupon 'step-up' on target miss

    25 March 2024

    UK social housing charity London & Quadrant (L&Q) said it was "likely to miss" a greenhouse gas (GHG) emissions target linked to its ground-breaking sustainability-linked bond (SLB), triggering an additional £3 million ($3.8 million) of coupon payments.

  • SLB step-ups a long way from being financially punitive, says Barclays

    25 March 2024

    The penalties for missing the targets set by sustainability-linked bonds (SLBs) would have to be at least 10 times what the market currently offers to be big enough to incentivise companies to change their behaviour, Barclays has argued.

  • Sustainability-linked bond issuance limps into 2024

    25 March 2024

    Sustainability-linked bond (SLB) issuance has had its weakest start to a year since the publication of principles boosted the market in 2020, according to Environmental Finance research.

  • Australia debut green bond expected from mid-May

    22 March 2024

    Australia will issue its debut 10-year sovereign green bond between mid-May and the end of June, it emerged, as the sovereign announced it will launch investor roadshows from April.

  • S&P: Climate-related credit rating actions 'to grow'

    21 March 2024

    Climate-related credit rating actions at corporate and infrastructure issuers doubled in number last year and are expected to continue to increase, S&P Global Ratings predicts.

  • EU raises €7bn from first new green bond since 2022

    20 March 2024

    The EU has raised €7 billion ($7.6 billion) from a green bond in a deal that was more than 12-times oversubscribed.

  • Iceland: 'It is likely we will be a regular sustainable bond issuer'

    20 March 2024

    Strong response to long-awaited inaugural green bond opens door to more issuance from the Nordic sovereign. Ahren Lester reports

  • Constellation raises $900m in first US 'nuclear' green bond

    20 March 2024

    US energy firm Constellation has raised $900 million from the first green bond from an US issuer which can be used to finance nuclear power projects.

  • Corporate green bond issuance passes $1trn milestone

    19 March 2024

    Cumulative corporate green bond issuance has now crossed $1 trillion, just over a decade after a company tapped the market for the first time.