Tag: bonds

Siemens Energy issues mandatory convertible bond for Euro 960 million

Siemens Energy issues mandatory convertible bond for Euro 960 million

September 8, 2022 |

Siemens Energy AG has issued subordinated mandatory convertible notes of Euro 960 million. The pre-emptive rights of shareholders of the company to subscribe for the notes were not included. The notes will be convertible into newly issued or existing registered no-par value company shares. The net proceeds from this issue will be used to partially finance Siemens Gamesa’s voluntary cash offer for all outstanding shares.

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KfW to raise around $90-96 billion through green bonds in 2022

KfW to raise around $90-96 billion through green bonds in 2022

December 23, 2021 |

German development bank Kreditanstalt für Wiederaufbau (KfW) is planning to raise $90.35 billion to $96 billion of funding in 2022, which will include at least $11.3 billion of green bond issuance. The majority of this finance will come from euro and US dollar benchmark bonds, with initial volumes ranging from $3.4 billion to $5.65 billion.

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Green Bond Pricing in the Primary Market H1 2021

Green Bond Pricing in the Primary Market H1 2021

September 29, 2021 | ,

Green Bond Pricing in the Primary Market H1 2021 is the 12th iteration in the series by Climate Bonds Initiative and monitors the performance of 56 EUR and 19 USD denominated benchmark size green bonds with a total value of USD75.9bn issued between January and June 2021. The report includes 75 green bonds with a combined face value of USD75.9bn. 

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Fortress REIT issues $61.5 million of sustainability linked bonds

Fortress REIT issues $61.5 million of sustainability linked bonds

August 13, 2021 |

Fortress REIT (Real Estate Investments), a South African hybrid fund that invests in direct properties and other publicly traded real estate firms, has issued a total of $61.5 million in sustainability-linked bonds. The bonds will be used to increase the company’s renewable energy output and provide additional solar energy to the national grid.

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