Westpac has intensive ESG experience in euro green issuance return
Westpac Banking Corporation’s green tier-two deal in the euro market, which priced on 6 May, was the bank’s first green-bond foray in more than three years. The market has evolved substantially and the issuer says the investor-relations process in Europe has ratcheted up its focus on borrowers’ environmental, social and governance credentials.
PON insists tight SLL focus aligns with longer-term sustainability
Athena and Bluestone Mortgages say their whole-loan funding arrangement presents opportunities for both to grow sustainably and to leverage each other’s knowledge set. The strategic partnership will provide up to A$2 billion (US$1.6 billion) of whole-loan funding to Athena Home Loans over the next three years.
Growth and funding diversity drive Athena-Bluestone tie-up
Athena and Bluestone Mortgages say their whole-loan funding arrangement presents opportunities for both to grow sustainably and to leverage each other’s knowledge set. The strategic partnership will provide up to A$2 billion (US$1.6 billion) of whole-loan funding to Athena Home Loans over the next three years.
SLL format sets ISPT for fully sustainable funding approach
The emergence of the sustainability-linked loan format presented ISPT with the opportunity it had been seeking to align treasury strategy with the company’s wider environmental, social and governance goals. Having applied a sustainability framework to all the ISPT Core Fund’s debt and included the flexibility to use multiple instrument types, ISPT hopes to use the framework for future issuance.
Kauri borrowers follow strong signals for market returns
World Bank broke a three-month drought of Kauri supranational, sovereign and agency issuance with a blockbuster NZ$1 billion (US$716.2 million) seven-year deal on 28 April. The deal was quickly followed by more Kauri supply including the return of KfW Bankengruppe after a lengthy absence.