Stockland €300m green bond

27 October 2014

 

Stockland is issuing Australia’s first corporate green bond. Proceeds will fund the development of green-star rated real estate projects. The bond will be listed on the Singapore Stock Exchange. The 7 year bond will be priced at a euro fixed-rate coupon of 1.50%, marketed to investors at Swap + 85bps and tightened to 82bps.

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