Finance Breaking news ANZ first bank to issue Sustainable Development Goal Bond in Australia last financial news

Breaking-Finance.Com - ANZ today announced the issue of an AUD1.25 billion Tier 2 capital bond linked to the United Nation’s Sustainable Development Goals (SDG), the first Bank issued SDG Bond in Australia’s domestic bond market.

Finance Breaking news ANZ first bank to issue Sustainable Development Goal Bond in Australia last financial news

Breaking-Finance.Com - ANZ today announced the issue of an AUD1.25 billion Tier 2 capital bond linked to the United Nation’s Sustainable Development Goals (SDG), the first Bank issued SDG Bond in Australia’s domestic bond market.

Finance Breaking news ANZ first bank to issue Sustainable Development Goal Bond in Australia last financial news
20 August 2020 - 12:55

Breaking-Finance.Com - The transaction marks ANZ’s return to the Green, Social and Sustainability (GSS) bond market in Australia, having issued its inaugural Green Bond in June 2015.ANZ Group Treasurer Adrian Went said: “Investor demand for ANZ’s latest issue was strong following the maturity of our 2015 Green Bond earlier this year.”The bond matures 26 February 2031, with the first optional redemption date of 26 February 2026. The bond pays a floating rate of interest with a coupon of 3mth BBSW +185bps.

.The bond is ANZ’s third issuance under its SDG Bond Framework which has been in place since February 2018. The bank now has around AUD4.0 billion-equivalent of SDG Bonds on issue, having issued its first and second SDG Bonds in Europe, including its first Tier 2 Capital SDG Bond in November 2019.ANZ has an AUD50 billion SDG-linked commitment to fund and facilitate sustainable solutions for customers by 2025, including initiatives to help improve environmental sustainability, increase access to affordable housing and promote financial wellbeing.

Source = Breaking-Finance.Com

Financial breaking news

This news 45 hits received.

Finance Breaking news ANZ first bank to issue Sustainable Development Goal Bond in Australia last financial news


Finance Breaking news ANZ first bank to issue Sustainable Development Goal Bond in Australia last financial news


Finance Breaking news ANZ first bank to issue Sustainable Development Goal Bond in Australia last financial news


Finance Breaking news ANZ first bank to issue Sustainable Development Goal Bond in Australia last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news UniCredit inks remote working agreement with employee reps last financial news
Finance Breaking news UniCredit inks remote working agreement with...
Finance Breaking news PayPal to support cryptocurrencies across its consumer and merchant network last financial news
Finance Breaking news PayPal to support cryptocurrencies across its...