Ahren Lester

LSTA publishes 'first-of-kind' sustainability-linked loan guidance

The Loan Syndications & Trading Association (LSTA) has published guidance on legal documentation for US sustainability-linked loans (SLLs), including comments on 'sleeping' SLLs and guidance on the role of a sustainability coordinator.

Loan round-up: Frasers Property, Viterra ... and more

Eastspring: Some 'sustainable' funds will 'wilt' amid strengthening regulatory scrutiny

With regulatory scrutiny rising alongside investor interest, Eastspring says 'true-to-label' sustainable funds in Asia are set for a much better year. Ahren Lester reports

Bank of Ireland, Kerry Dairy launch sustainability-linked farmer loan programme

Bank of Ireland will provide sustainability-linked loans to farmers who supply Kerry Dairy to support their sustainable farming activities, including related to decarbonisation and biodiversity improvements.

Impax criticises 'business-as-usual' green bonds

Green bonds which include 'business-as-usual' use-of-proceeds, rather than providing clear additionality through their financing, are on the rise, according to a sustainable fixed income investor.

Sustainability-linked loan market 'moving away' from ESG ratings

Expect more 'social' talk from US bond fund managers in 2023, says Impax AM

Impax Asset Management (Impax AM) said US bond fund managers are expected to focus more on 'social' finance in 2023, after the US government-owned mortgage agencies launched 'social scores' for their huge mortgage-backed securities programmes.

Emirate of Sharjah issues first Gulf state sovereign sustainability bond

The Emirate of Sharjah has raised $1 billion from the first sovereign sustainable bond from a Gulf state country and first sustainability bond from a Middle Eastern nation, with the deal more than twice oversubscribed.

Hong Kong issues first 'tokenised' sovereign green bond

Hong Kong has raised HKD800 million ($102 million) from its first 'tokenised' green bond, which is also believed to be the first issued by a sovereign.

Loan round-up: Recycling Lives, TKH, Eneal ... and more