Government bonds

MHI to Issue the Second Series MHI Green Bond

Retrieved on: 
Monday, August 2, 2021

This will be the Company's second issuance of this kind, following issuance of the heavy industry sector's first green bond in 2020.

Key Points: 
  • This will be the Company's second issuance of this kind, following issuance of the heavy industry sector's first green bond in 2020.
  • In 2020, MHI identified five components of "materiality": topics which the Company should address with high priority in order to help solve major social issues and simultaneously enable its sustained growth long into the future.
  • Among the five topics is to "provide energy solutions to enable a carbon neutral world."
  • Through issuance of green bonds, MHI Group will diversify its means of procuring funds as it also pursues achievement of the Energy Transition, toward realizing a carbon neutral world by 2050.

Kimco Realty Publishes First Green Bond Report

Retrieved on: 
Wednesday, July 28, 2021

Kimco Realty Corp. (NYSE: KIM), one of North Americas largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, today announced the publication of its first Green Bond Report , outlining the use of the net proceeds and the associated estimated environmental impact of the Companys inaugural green bond , issued in July of 2020.

Key Points: 
  • Kimco Realty Corp. (NYSE: KIM), one of North Americas largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, today announced the publication of its first Green Bond Report , outlining the use of the net proceeds and the associated estimated environmental impact of the Companys inaugural green bond , issued in July of 2020.
  • "The issuance of our first green bond in 2020 was a significant milestone in our ESG program, and we are pleased to announce the estimated impact of those proceeds in our inaugural year," said Conor Flynn, Chief Executive Officer of Kimco Realty.
  • Of the $493.7 million in net proceeds from the from the July 7, 2020 green bond issuance, $64.2 million was allocated to finance The Witmer, a LEED Silver certified mixed-use tower in Arlington, Virginia, which qualifies under the Green Building category of Eligible Green Projects as defined in Kimcos Green Bond Framework .
  • The building was designed using the latest in green construction standards, resulting in an estimated 25% energy cost savings annually.

DGAP-News: Oldenburgische Landesbank AG: OLB successfully issued its first public additional tier 1 (AT1) bond

Retrieved on: 
Friday, July 16, 2021

Oldenburgische Landesbank AG (OLB Bank) has successfully placed its inaugural AT1 bond with a broad range of national and international capital market investors.

Key Points: 
  • Oldenburgische Landesbank AG (OLB Bank) has successfully placed its inaugural AT1 bond with a broad range of national and international capital market investors.
  • The bond was issued through a syndicated process and the extensive investor interest (1.5 times oversubscribed) allowed OLB to meet its issuance target without any delays at an attractive price.
  • The Additional Tier 1 notes will improve OLB's Tier 1 and Total Capital ratios.
  • This is OLB's second public capital market issue in 2021, following its Covered Bond debut in March this year.

D.A. Davidson Closes Bonds on Second-Ever Limited Property Tax Public Infrastructure District

Retrieved on: 
Tuesday, July 13, 2021

Davidson is pleased to announce the companys Special District Group has priced $24 million of tax-exempt bonds in the second-ever limited property tax Public Infrastructure District (PID) financing in Utah.

Key Points: 
  • Davidson is pleased to announce the companys Special District Group has priced $24 million of tax-exempt bonds in the second-ever limited property tax Public Infrastructure District (PID) financing in Utah.
  • Davidsons Special District Group has experienced significant growth this past year in Utah and Colorado, successfully completing more than 100 transactions, totaling more than $2 billion to fund public infrastructure to support development projects.
  • Davidson Special District Group is a team of capital markets professionals principally focused on financing public infrastructure for land development through the issuance of municipal bonds.
  • Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.

Renewi plc: Launch of Green Bond

Retrieved on: 
Monday, July 5, 2021

Renewi is a pure play green company with nearly all assets deployed to green activities.

Key Points: 
  • Renewi is a pure play green company with nearly all assets deployed to green activities.
  • This issue builds upon its previous four issuances in the Belgian retail bond market since 2010.
  • They will enable Renewi to increase recycling rates, increase secondary material production, reduce CO2 emissions and reduce resource depletion.
  • Toby Woolrych, Chief Financial Officer of Renewi plc, commented:
    "We are pleased to be launching another Green Bond in the Belgian market with this new issue of up to 125m.

DGAP-News: Ferratum Oyj: Multitude SE successfully places EUR 50 million in perpetual bonds qualifying as IFRS equity

Retrieved on: 
Thursday, June 24, 2021

Helsinki, 24 June 2021 - Multitude SE (ISIN: FI4000106299, WKN: A1W9NS) (the "Issuer") is pleased to announce that it has successfully placed EUR 50,000,000 in subordinated perpetual capital notes, qualifying as IFRS equity, under a framework of EUR 100,000,000 to qualified investors following a European bookbuilding (the "Hybrid Bonds").

Key Points: 
  • Helsinki, 24 June 2021 - Multitude SE (ISIN: FI4000106299, WKN: A1W9NS) (the "Issuer") is pleased to announce that it has successfully placed EUR 50,000,000 in subordinated perpetual capital notes, qualifying as IFRS equity, under a framework of EUR 100,000,000 to qualified investors following a European bookbuilding (the "Hybrid Bonds").
  • The Hybrid Bonds will carry a floating rate coupon of 3 month Euribor + 8.90% and were issued at a price of 99.50% of the nominal amount.
  • In connection with the issuance of Hybrid Bonds, Ferratum Capital Germany purchased EUR 15,629,000 of the 2022 Bonds at a price of 101.50% of the nominal amount and EUR 19,946,000 of the 2023 Bonds at a price of 102.00% of the nominal amount for the 2023 Bonds.
  • As a pioneer in digital and mobile financial services technology, Multitude is at the forefront of the digital banking revolution.

Commerzbank successfully issues further additional tier 1 bond

Retrieved on: 
Tuesday, June 15, 2021

Commerzbank AG has successfully issued the third AT 1 bond under its issuance programme for additional tier 1 capital (AT 1).

Key Points: 
  • Commerzbank AG has successfully issued the third AT 1 bond under its issuance programme for additional tier 1 capital (AT 1).
  • The bond has a volume of 500 million and a fixed coupon of 4.25% per annum.
  • In 2020, Commerzbank issued two AT 1 bond under its issuance programme with a net volume of 1.75 billion.
  • The bond terms include a temporary write-down in the event that the Bank's Common Equity Tier 1 ratio (CET 1 ratio) drops below 5.125%.

Hannon Armstrong Upsizes and Prices Offering of $1 Billion of Senior Unsecured Notes

Retrieved on: 
Monday, June 14, 2021

At issuance, the Notes will be guaranteed by the Company, Hannon Armstrong Sustainable Infrastructure, L.P. and Hannon Armstrong Capital, LLC.

Key Points: 
  • At issuance, the Notes will be guaranteed by the Company, Hannon Armstrong Sustainable Infrastructure, L.P. and Hannon Armstrong Capital, LLC.
  • The offering was upsized from the previously announced $750 million in aggregate principal amount.
  • The settlement of the Notes is expected to occur on June 28, 2021, subject to customary closing conditions.
  • The Company intends to utilize the net proceeds of this offering to redeem the Issuers 5.250% Senior Notes due 2024 (the 2024 notes), which are green bonds.

Arçelik Issues Turkey's First-Ever Corporate Green Bond in the International Markets

Retrieved on: 
Friday, May 28, 2021

ISTANBUL, May 28, 2021 /PRNewswire/ -- Arelik A.. (IST: ARCLK) ("Arelik"), the global leading consumer durables and electronics manufacturer, announced the issuance of its Green Bond, the first of its kind in the international markets from a Turkish industrial Company.

Key Points: 
  • ISTANBUL, May 28, 2021 /PRNewswire/ -- Arelik A.. (IST: ARCLK) ("Arelik"), the global leading consumer durables and electronics manufacturer, announced the issuance of its Green Bond, the first of its kind in the international markets from a Turkish industrial Company.
  • Arelik aims to use the bond to finance its Eligible Green Projects, including its energy-efficient, eco-efficient and circular economy adapted products and the promotion of energy efficiency in production.
  • Speaking about the issuance of the Green Bond, Polat en, CFO, Arelik said:
    "We are thrilled to announce the issuance of our corporate Green Bond.
  • The success of green bond issuance illustrates the investors' confidence in Arcelik's ability to implement ESG projects.

Ygrene Completes $343 Million Securitization of Pace Assets

Retrieved on: 
Thursday, May 13, 2021

b"Ygrene, the nation\xe2\x80\x99s leading issuer of green bonds backed by Property Assessed Clean Energy (PACE) assets, announced today the closing of its GoodGreen 2021-1 securitization with the issuance of $343 million of investment-grade debt securities.

Key Points: 
  • b"Ygrene, the nation\xe2\x80\x99s leading issuer of green bonds backed by Property Assessed Clean Energy (PACE) assets, announced today the closing of its GoodGreen 2021-1 securitization with the issuance of $343 million of investment-grade debt securities.
  • PACE has proven to be a successful tool for supporting public policy initiatives, all without the use of public tax dollars or credits.
  • By providing over $2.6 billion of private capital to more than 550 local communities, Ygrene has created tens of thousands of jobs and invested millions into local economies across the U.S. Ygrene is not a government program.
  • Learn more at ygrene.com.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005508/en/\n"