Commonwealth Bank of Australia
The sustainable-finance nexus
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.
HSBC lining up capital-relief RMBS
Endeavour Energy readying seven-year domestic benchmark deal
AusNet’s Asian-driven 10-year result a shining light in a challenging market
Deal sources say AusNet Services’ success in placing a substantial 10-year Australian dollar transaction – with a significant oversubscription and minimal new-issue concession – reflects borrower specifics and momentum in the execution process rather than a widespread positive corporate issuance tone. A large bid from Asia drove the outcome but investors generally remain highly selective.
KfW prints A$150 million tap to February 2029 Kangaroo bond
Australia Post reintroduces sustainability UOP as Australian corporate activity stirs
Australian Postal Corporation priced the domestic market’s first sustainability bond from a corporate credit for more than three years in its own return to capital market issuance, noting a six-month process to prepare the deal. The transaction was the first in a series of deals that made the second half of May more productive for corporate supply in the Australian dollar market.
KANGANEWS SUSTAINABLE FINANCE H1 2023
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