BNP Paribas’s debut as a Kangaroo green-bond issuer also introduced a globally innovative structure to the local environmental, social and governance (ESG) market. The transaction, which priced on 3 August, is a standard use-of-proceeds green bond that also rewards investors for the outperformance of a new forward-looking climate-transition equity index.
KangaNews is pleased to announce the results of its 10th annual Fixed-Income Research Poll. The survey polls the opinions of institutional investors in the Australian fixed-income market on the research they receive across a range of sectors. This year’s results include a new winner in the coveted best overall provider category.
On 22 July, UBS Australia Branch (A+/Aa3/AA-) launched a new multi-tranche, Australian dollar denominated, senior-unsecured, benchmark transaction. The forthcoming deal is offered in a three-year floating-rate note (FRN) and at five-year tenor in either or both fixed and FRN format. Indicative price guidance is, respectively, 75-80 and 95-100 basis points over swap benchmarks.