Kiwi Property launches NZ$100 million senior-secured green bond
- Tuesday, 14 March 2023
WOMEN IN CAPITAL MARKETS Yearbook 2022
KangaNews's annual yearbook amplifying female voices in the Australian capital market.
KANGANEWS SUSTAINABLE FINANCE H2 2022
KangaNews is proud to share cutting-edge information from the global and Australasian sustainable debt market.
Related news
Investor demand drives price tighter for Meridian’s inaugural green bond
Meridian Energy’s retail green bond priced the day before the Silicon Valley Bank crisis hit newsstands. Market participants say the deal’s result provides further proof of the strength of New Zealand’s retail corporate bond market. Global primary markets have been all but shut since the shock, but Kiwi Property Group proceeded with its launch on 14 March, suggesting the New Zealand retail market is pushing ahead.
When idiosyncratic becomes systemic: SVB and the no-fault fallout
As global markets gradually come to terms with the implications of the collapse of Silicon Valley Bank, Australian market participants agree that even the world’s better regulated banking sectors – and wider credit markets – will feel ongoing negative consequences from what most believe to be an idiosyncratic risk event. The bank failure brought a promising start for credit issuance in Australia to a screeching halt and while there are hopes for rebound in due course it will likely be on a more fragile basis.