Investa Commercial Property Fund Issues $100 million certified green bond

Investa Commercial Property Fund (ICPF) has issued a 10-year, $100 million Australian dollar green bond.

Sean Kidney, CEO, Climate Bonds Initiative

The bond, which has a semi-annual fixed coupon of 4.25%, is rated A- by Standard and Poor’s and has been approved a Certified Climate Bond by the Climate Bonds Initiative. The proceeds will be used to retire existing deb facilities and will be fully allocated against a portfolio of low carbon buildings in the ICPF portfolio, Investa said. 

 

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Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

Author: Rachel Alembakis

Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.

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