BNP Paribas

Wednesday, 22 September 2021

Woolworths euro SLB sets the scene for Australian follow-up

Woolworths printed its debut sustainability-linked bond on 9 September, also its first foray into the euro market. With a single target – greenhouse-gas emissions reduction – deal sources say execution was straightforward and demand abundant in Europe and beyond. Woolworths is now marketing an Australian dollar follow-up deal.

Thursday, 26 August 2021

Coles embeds its sustainability goals with landmark SLL

Coles has converted around half its outstanding bank debt to sustainability-linked loan format in a deal the organisation says embeds accountability for its public sustainability targets throughout the organisation. Coles will also consider further sustainability-linked options for future refinancing needs.

Monday, 21 June 2021
Jun/Jul 2021

Australia’s first SLB goes to the heart of transition

Wesfarmers says its sustainability-linked bond – the first in the Australian dollar market – lays out ambitious targets and addresses the group’s hard-to-abate business unit. The transaction also demonstrates willingness on the part of Australian dollar investors to engage with bespoke KPIs on the basis of a one-way pricing penalty if the issuer fails to hit its targets.

Tuesday, 15 June 2021

Wesfarmers launches debut SLB

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