Commonwealth Bank of Australia
Commonwealth Bank of Australia is turbocharging the sustainable-finance operation within its institutional business, including some key new hires and more to come. The team is focused on working with clients to gain deep understanding of their ESG risks and, from there, assisting with transition. The bank’s ambition is high.
Australia’s buy-now, pay-later securitisation sector received a significant stamp of approval in July as Moody’s Investors Service upgraded the top tranches of all three of Zip Co’s outstanding transactions to Aaa. The rating agency had previously withheld the top mark based on the relative infancy of Zip and the BNPL asset class, and the issuer now says it hopes to see a cost-of-funds benefit from the development.
On 27 July, Latitude Financial Services appointed BNZ, BofA Securities, Commonwealth Bank of Australia and Westpac New Zealand as lead managers for a potential New Zealand dollar denominated, credit card asset-backed securities (ABS) deal.
investing with impact Yearbook March 2021
KangaNews is proud to share cutting-edge information from the global and Australasian sustainable debt market.
WOMEN IN CAPITAL MARKETS Yearbook 2020
KangaNews's first-ever yearbook amplifying female voices in the Australian capital market.