Green Bonds

Snam raises €1.5bn through green bond and SLB

Ferrovie dello Stato raises €650m green bond backed by strong ESG demand

Italian state railway group Ferrovie dello Stato Italiane (FS) has raised €650 million ($745 million) through a five-year green bond, attracting demand more than three times the size of the transaction.

Italy expects 'gradual' growth in sovereign green bond issuance

Italy is expecting to increase its annual issuance of sovereign green bonds in future years, as the country continues to prioritise green investment amid the EU financing wind down, a senior public debt official said.

Latvenergo raises €300m through second EuGB issuance

Latvia's state-owned utility Latvenergo has raised €300 million ($344 million) through a seven-year European Green Bond (EuGB), to finance a major renewable energy expansion programme across the Baltic region.

Sanctuary raises £350m through inaugural sustainability bond

UK housing association Sanctuary has raised £350 million ($402 million) through its inaugural sustainability bond, attracting an orderbook of more than £1.3 billion.

S&P: Current transition label is a 'Version 1.0 transition tool'

The frameworks developed for transition-labelled debt are important 'Transition 1.0' tools, but S&P Global Ratings argues that 'Transition 2.0' tools need to focus on the rate of change and the pricing impact of this.

BNP Paribas: 'Big hopes' for sovereign SLBs

Although still a complex instrument for corporate issuers, BNP Paribas said there is "still big hope" for the growth of the sovereign sustainability-linked bond (SLB) market.

Sustainable debt round-up: ADB, DNB Bank, Alstom... and more

Iberdrola issues €1.5bn EuGB

Green bond stalwart Iberdrola has raised €1.5 billion ($1.7 billion) through an European Green Bond (EuGB), in a transaction that was more than three times oversubscribed.

AI build-out 'conundrum' poses 'real challenge' for sustainable bonds

The massive capital expenditure required for the build-out of artificial intelligence (AI) is coming to bond markets, posing a "conundrum" for sustainable investors ahead of clients increasing questions on the topic.

HASI prices $1bn green bond for sustainable projects in the US

US sustainable infrastructure investor HASI has priced a $1 billion green bond, with proceeds earmarked for financing and refinancing of its green projects.

Intesa Sanpaolo returns to green bond market with €1.25bn issuance

Intesa Sanpaolo has raised €1.25 billion ($1.45 billion) through an eight-year senior non-preferred green bond, returning to market after a two-year absence.

Taxonomies 'naturally converging' amid 'structured chaos'

Although the landscape of competing sustainable finance taxonomies looks complicated, Climate Bonds Initiative (CBI) argues that it disguises the growing convergence and interoperability between them.