International Capital Market Association

Moodys assigns top sustainability quality score SQS1 to GoldenPeaks Capital

Retrieved on:

Freitag, Mai 10, 2024

ICMA, GBP, International Capital Market Association, Rating, Insurance

Moodys assigns top sustainability quality score SQS1 to GoldenPeaks Capital.

Key Points:

Moodys assigns top sustainability quality score SQS1 to GoldenPeaks Capital.
Malta, May 7th, 2024 - GoldenPeaks Capital Holding’s green bond framework has been assigned with the highest sustainability quality score (SQS1) by Moodys.
GoldenPeaks Capital, one of the fastest growing independent power producers in Eastern Europe, has been rated with the SQS1 (excellent) sustainability quality score by Moodys.
The excellent sustainability quality score highlights the relevance of GoldenPeaks Capital’s efforts and its high contribution to sustainability in general.

TierPoint Completes New $550 Million Securitization Financing

Retrieved on:

Mittwoch, Mai 8, 2024

LLP, J.P. Morgan & Co., Green bond, Jules Kroll, Guggenheim Partners, Sustainalytics, Intelligence, Simpson Thacher & Bartlett, International Capital Market Association, ABS, ICMA, Market, Growth, Latham & Watkins, Cryptocurrency

Through a wholly owned subsidiary, the company has now issued a total of $1.61 billion in asset-backed securities (ABS), inclusive of the new $550 million issuance and $1.06 billion issued in 2023.

Key Points:

Through a wholly owned subsidiary, the company has now issued a total of $1.61 billion in asset-backed securities (ABS), inclusive of the new $550 million issuance and $1.06 billion issued in 2023.
Last year’s ABS issuance was the largest in the U.S. data center sector since 2021.
Full details of the Green Finance Framework, as well as an external review by Sustainalytics, are available on TierPoint’s website .
Simpson Thacher & Bartlett LLP served as counsel to TierPoint and Latham & Watkins LLP as counsel to Guggenheim.

KBRA Assigns Preliminary Ratings to Tricolor Auto Securitization Trust 2024-2

Retrieved on:

Mittwoch, Mai 8, 2024

Professional Services, Finance, Class, Issuer, Empowerment, KBRA, International Capital Market Association, ABS, FICO, TAST

KBRA assigns preliminary ratings to six classes of notes issued by Tricolor Auto Securitization Trust 2024-2 (“TAST 2024-2”), a subprime auto loan ABS transaction.

Key Points:

KBRA assigns preliminary ratings to six classes of notes issued by Tricolor Auto Securitization Trust 2024-2 (“TAST 2024-2”), a subprime auto loan ABS transaction.
The transaction has initial credit enhancement ranging from 54.60% for the Class A notes to 24.10% for the Class F notes.
TAST 2024-2 represents the sixth rated ABS securitization for Tricolor Auto Acceptance, LLC (“Tricolor” or the “Company”).
KBRA considered its operational review of Tricolor, as well as several business updates with the Company since that time.

EQS-News: ABO Wind: Green bond successfully placed

Retrieved on:

Freitag, Mai 3, 2024

ABO Wind AG has successfully placed its 2024/2029 bond (ISIN: DE000A3829F5, WKN: A3829F).

Key Points:

ABO Wind AG has successfully placed its 2024/2029 bond (ISIN: DE000A3829F5, WKN: A3829F).
The Green Bond met with great interest from institutional investors and asset managers as well as private investors and was significantly oversubscribed at the original target volume of 50 million euros.
In accordance with ABO Wind's framework for Green Bonds, the funds will be invested in the development and construction of wind and solar parks as well as battery storage systems (individually and in combination).
As the Second Party Opinion of the expert imug rating also confirms, the planned and documented use of fund for the bond is in line with the guidelines of the Green Bond Principles issued by the International Capital Market Association (ICMA).

Constellation Offers Nation’s First Corporate Green Bond for Nuclear Energy

Retrieved on:

Montag, März 18, 2024

Constellation (Nasdaq: CEG), the nation’s largest producer of carbon-free energy, today issued the first corporate green bond in the United States that can be used to finance nuclear energy projects.

Key Points:

Constellation (Nasdaq: CEG), the nation’s largest producer of carbon-free energy, today issued the first corporate green bond in the United States that can be used to finance nuclear energy projects.
“With the nation’s first-ever corporate nuclear green bond issuance as part of our long-term financing mix, Constellation and the market have again confirmed: Nuclear investments are long-term sustainability investments.”
The nuclear green bond offering was based on a new green financing framework that Constellation developed to enable the company to issue green financial instruments.
Crédit Agricole CIB, the corporate and investment banking arm of Crédit Agricole Group, served as Green Structuring agent in Constellation's nuclear green bond offering.
“Our bank is pleased to have supported Constellation on the first-ever U.S. corporate green bond with proceeds allocated towards nuclear energy.

BMO Publishes an Updated Sustainable Bond Framework with Innovative Green, Social and Transition Financing Categories

Retrieved on:

Donnerstag, April 4, 2024

Under the updated Sustainable Bond Framework, BMO may issue four types of sustainable bonds: Sustainability Bonds, Green Bonds, Transition Bonds and Social Bonds.

Key Points:

Under the updated Sustainable Bond Framework, BMO may issue four types of sustainable bonds: Sustainability Bonds, Green Bonds, Transition Bonds and Social Bonds.
Recognizing nuclear power's role in energy transition, BMO included nuclear energy as an eligible green financing activity.
"We are pleased to announce these updates to BMO's Sustainable Bond Framework including the addition of nuclear energy and transition uses of proceeds" said Sharon Haward-Laird, General Counsel, BMO Financial Group, and Chair of the BMO Climate Institute.
This is reflected in our inclusion of innovative green, transition and social financing categories in our updated Framework.

Orexo strengthens its sustainability work by establishing a social financing framework

Retrieved on:

Freitag, März 8, 2024

Second opinion, Substance abuse, International Capital Market Association, Carnegie Investment Bank, Overalls, Vaccine, VIVIsectVI, APLMA, ABG Sundal Collier, ICMA, Sustainalytics, Orexo, Loan Market Association, Online shopping

Additionally, Sustainalytics considers the Social Framework to be credible, impactful and to be aligned with the overall sustainability strategy of the Company and that the use of proceeds category will contribute to the advancement of UN Sustainable Development Goal 3 – Good Health and Wellbeing.

Key Points:

Additionally, Sustainalytics considers the Social Framework to be credible, impactful and to be aligned with the overall sustainability strategy of the Company and that the use of proceeds category will contribute to the advancement of UN Sustainable Development Goal 3 – Good Health and Wellbeing.
The Social Framework and the Second Opinion are available on Orexos's website under the heading ESG Sustainable investing and Orexo intends to regularly report on the underlying social eligible projects which will be published on the Company's website.
ABG Sundal Collier AB and Carnegie Investment Bank have acted structuring advisors in connection to the establishment of the Social Framework.
As announced today in a separate press release, Orexo contemplates to issue new senior secured callable floating rate social bonds under the Social Framework.

Orexo strengthens its sustainability work by establishing a social financing framework

Retrieved on:

Freitag, März 8, 2024

Additionally, Sustainalytics considers the Social Framework to be credible, impactful and to be aligned with the overall sustainability strategy of the Company and that the use of proceeds category will contribute to the advancement of UN Sustainable Development Goal 3 – Good Health and Wellbeing.

Key Points:

Additionally, Sustainalytics considers the Social Framework to be credible, impactful and to be aligned with the overall sustainability strategy of the Company and that the use of proceeds category will contribute to the advancement of UN Sustainable Development Goal 3 – Good Health and Wellbeing.
The Social Framework and the Second Opinion are available on Orexos's website under the heading ESG Sustainable investing and Orexo intends to regularly report on the underlying social eligible projects which will be published on the Company's website.
ABG Sundal Collier AB and Carnegie Investment Bank have acted structuring advisors in connection to the establishment of the Social Framework.
As announced today in a separate press release, Orexo contemplates to issue new senior secured callable floating rate social bonds under the Social Framework.

TELUS ANNOUNCES THREE-TRANCHE NOTE OFFERING

Retrieved on:

Dienstag, Februar 13, 2024

Closing of the offering is expected to occur on or about February 15, 2024.

Key Points:

Closing of the offering is expected to occur on or about February 15, 2024.
The Series CAN notes are "Sustainability-Linked Bonds" issued pursuant to TELUS' Sustainability-Linked Bond Framework announced on June 14, 2021, as it may be amended, restated and/or replaced from time to time (the "Framework") and will be TELUS' sixth bond offering under the Framework.
The Series CAN Note offering supports TELUS' commitment to environmental sustainability by linking financing to the achievement of ambitious ESG targets.
TELUS' performance as well as the limited assurance report will be included in its annual Sustainability and ESG Report, or other similar report(s) as the case may be, and will be available on TELUS' website.

Tricolor Issues Social Bond to Advance Financial Inclusion in Underserved Hispanic Communities

Retrieved on:

Donnerstag, Januar 25, 2024

FICO, JPMorgan Chase, International Capital Market Association, Framework, CDFI, ABS, Community development financial institution, Treasury, Class D, AI, Jules Kroll, Sale, S&P Global Ratings, Community development, Transport, ICMA, Barclays

DALLAS, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Tricolor today announced a $271 million social bond – its third overall – to empower underserved, low-income communities and provide them with improved access to mainstream financing.

Key Points:

DALLAS, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Tricolor today announced a $271 million social bond – its third overall – to empower underserved, low-income communities and provide them with improved access to mainstream financing.
The transaction was oversubscribed by 3.4X on the available classes; the Class D and Class E bonds were pre-placed.
Tricolor leverages artificial intelligence (AI) to successfully underwrite and extend affordable loans to credit invisible customers.
By providing deserving people with access to reliable, affordable transportation and moving them into the financial mainstream, Tricolor aims to reverse systemic financial inequality in America.