Ahren Lester

Articles by Ahren Lester

  • EU Green Bond Standard 'tax haven' ban deal struck

    01 February 2023

    A deal around the proposed ban of issuers from 'tax haven' jurisdictions from issuing bonds under the EU Green Bond Standard (EU GBS) has been struck, according to a source.

  • LSTA readies sustainability-linked loan drafting guidance

    01 February 2023

    Guidance for drafting sustainability-linked loan (SLL) documents from the Loan Syndications & Trading Association (LSTA) is expected to be finalised this month, including specific provisions around so-called 'sleeping SLLs'

  • Moody's: Sustainable bonds to secure 'record' 15% market share in 2023

    31 January 2023

    Moody's Investors Service said a fresh trillion-dollar record for sustainable bond issuance in 2023 is "unlikely," but sustainable bonds are forecast to surpass their record-breaking market share set in 2022

  • CBI: Green bond issuance to bounce back with 'stellar' 2023

    31 January 2023

    The Climate Bonds Initiative (CBI) has predicted a "stellar" year for green bond issuance in 2023 after more than a decade of annual growth was halted in 2022,...

  • US politics 'hampering' SEC climate disclosure rule objective

    30 January 2023

    A former senior US Securities and Exchange Commission (SEC) official said the political debate around its climate-related financial disclosure rule proposals has "lost sight" of its objective, and is making finalising the "right" rule difficult.

  • 14% of sustainable bond issuers have set science-based targets

    30 January 2023

    Over 1,400 sustainable bonds raising more than $600 billion have been issued by organisations that have either set or committed to set climate targets verified by the Science Based Targets initiative (SBTi)...

  • IDB Invest readies 'first' sustainability-linked 'blue' bond

    30 January 2023

    IDB Invest is working with a company in Ecuador on what could be the first sustainability-linked 'blue' bond to be issued, with the deal expected to be finalised by early April.

  • Brazil expects to come to market with sustainable bond in 2023

    30 January 2023

    Brazil is expected to return to the international bond market in 2023 with its debut sustainable bond, according to its debt head.

  • Japan mulls structure for JPY1.6trn 'transition' bond

    27 January 2023

    Japan is considering what structure to use for its planned JPY1.6 trillion ($12.3 billion) debut sovereign 'green economy transition' bond programme,...

  • IDB Invest launches 'innovative' Liberty Costa Rica SLB deal

    26 January 2023

    Telecommunications firm Liberty Costa Rica has raised $400 million from its maiden sustainability-linked bond (SLB) which will be used to support a $450 million financing deal with IDB Invest