Westpac joins NAB, ANZ as “green” bond issuer

25 May 2016

 

A $2.3 billion bond issue from one of the major banks is fairly common, almost run-of-the-mill and, so far this month, there has been at least six $1 billion plus bond sales from the majors. However, the latest Westpac bond sale is a little different from the regular everyday bond sale; of the two tranches, one is "green". Green bonds, also known as climate bonds, are a relatively new innovation...

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