Auckland Council
New Zealand issuers flock to ESG debt funding
Corporate and government-sector issuers from New Zealand took massive steps forward in sustainable debt funding in the last quarter of 2021 as a flood of transactions came to market. Issuers tapped the domestic, Australian and euro bond markets for use-of-proceeds funding while the steady flow of sustainability-linked loan facility completions also continued.
Auckland Council reaps euro pricing benefit from regular-issuer status
Auckland Council issued its first green bond in the euro market, as the second-ever New Zealand-based issuer to do so. As well as the green label, the borrower says its commitment to returning to market enabled it to price in line with international peers.
Auckland Council explores offshore for green-bond issuance
Auckland Council’s latest green-bond deal follows work over the last 18 months to increase its eligible assets pool. Satisfied with the volume achieved in the domestic market, the borrower says it is now planning to issue offshore in the format following a long absence.
Auckland Council prices NZ$300 million six-year green bond
Auckland Council revises margin for six-year green-bond transaction
Auckland Council launches six-year green bond
HIGH-GRADE ISSUERS YEARBOOK 2021
The ultimate guide to Australian and New Zealand government-sector borrowers.
