Fixed Income

“IFC invests $325m in green bond fund for emerging markets” – Financial Times – April 21, 2017

On April 21, 2017 the Financial Times reported that “IFC has partnered with Amundi, Europe’s largest listed asset manager, with the aim of raising up to $2bn from other international investors to create the biggest green bond fund dedicated to emerging markets to date.” According to the article, “’This fund will essentially create a green […]

“CDL prints Singapore’s first Green bond” – Nasdaq – April 6, 2017

On April 6, 2017 Nasdaq reported that City Developments (CDL) priced Singapore’s first green bond.  The two-year senior unsecured issue – sold to fund managers and institutional investors – raised S$100m (US$71m). “There is an increased interest in socially responsible investments and a growing demand for relevant products,” said Sherman Kwek, deputy CEO of CDL.  […]