Incitec Pivot

Thursday, 28 July 2022
Jun/Jul 2022

Transition the key in sustainable finance

Transition to a more sustainable economy is increasingly driving investment and business decisions. While climate has been a key focus, market participants are now moving to add natural capital to their calculations and pressing ahead with more socially focused projects, according to speakers at the KangaNews Sustainable Debt Summit, which took place in Sydney in late May.

Wednesday, 25 August 2021
Aug/Sep 2021

Sustainable finance eyes ambition and amplification

Discussions at the KangaNews Sustainable Debt Summit 2021 virtual event in June suggest market engagement with environmental, social and governance issues continues to deepen. Norms in sustainability-linked instruments are quickly solidifying while developments in accounting, disclosure and stakeholder engagement are also contributing to momentum.

Monday, 12 April 2021
Apr/May 2021

IPL and G8 SLLs show sustainable-funding support for social and hard-to-abate outcomes

Incitec Pivot has completed a sustainability-linked loan (SLL) facility, a development the borrower and its sustainability structurer say demonstrates how this type of financing can be relevant even for companies in hard-to-abate sectors. In a further development for the Australian SLL market, G8 Education also recently signed a new facility with KPIs primarily linked to social outcomes.

Monday, 09 November 2020

Incitec Pivot and Dyno Nobel announce cash tender offer

On 10 November, Incitec Pivot and its subsidiary, Dyno Nobel, announced a tender offer to buy back A$200 million (US$145.6 million) in aggregate of the former’s A$450 million outstanding March 2026 maturity and the latter’s US$400 million outstanding August 2027 line.

Wednesday, 13 March 2019

Market maturity brings Incitec Pivot back to domestic issuance

Incitec Pivot priced its first Australian dollar deal in more than five years on 8 March. The issuer cites the increased availability of seven-year debt as a key factor in its return while deal sources say the rarity of the credit led to significant demand for the transaction.

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