By: greenbank On: April 01, 2017 In: Comments: 0

CEFC committed AU$19 million to Investa Commercial Property Fund’s (ICPF) first Green Bond – a AU$100 million issuance certified by the Climate Bonds Initiative. ICPF said the issuance closed oversubscribed and the strong level of interest received in the issuance clearly demonstrates the underlying quality of the ICPF portfolio and confidence in Investa’s ongoing ability to deliver strong performance.

Proceeds from the bonds will be used to retire existing debt facilities and will be fully allocated against a portfolio of low carbon buildings in the ICPF’s portfolio. The 10-year bonds with a semi-annual fixed coupon of 4.25 per cent per annum are rated ‘A-‘ by Standard & Poor’s (S&P).

Trackback URL: