Auckland Council launches 30-year green bond

On 15 September, Auckland Council (AA/Aa2) launched an indicative NZ$300 million (US$201.1 million), 30-year, secured green-bond transaction. The forthcoming deal is being marketed with a coupon of 2.95 per cent. ANZ is green-bond co-ordinator, and joint lead manager alongside BNZ and Westpac Banking Corporation New Zealand Branch. Pricing is expected on 18 September.