Lendlease launches seven-year green bond

On 20 October, Lendlease Group (Baa3/BBB-), via its financing entity Lendlease Finance, launched a new Australian dollar denominated, seven-year, senior-unsecured, benchmark, green-bond transaction. The forthcoming deal has indicative price guidance of 315 basis points area over semi-quarterly swap and is expected to price on the day of launch. ANZ, Commonwealth Bank of Australia, HSBC, National Australia Bank and SMBC Nikko are leading.