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The sustainability-linked format of Australian Prime Property Fund Commercial’s latest bond – executed during a day of high interest-rate volatility – helped support a favourable pricing outcome, deal sources say.
Funds from Christchurch City Holdings’ use-of-proceeds sustainability bond are linked to the construction of a fibre-optic network by Enable, one of Christchurch City’s portfolio companies. Deal sources say the NZ$150 million deal is significant one because it supports a range of environmental and social outcomes.
