By: greenbank On: December 01, 2014 In: Comments: 0

CEFC committed to provide a cornerstone investment of up to AU$75 million in the inaugural issue of National Australia Bank’s Climate Bond issuance. This is an Australian first for an Australian dollar denominated and Australian asset linked bond of its kind. The NAB Climate Bonds are senior unsecured NAB corporate bonds for financing a portfolio of renewable energy assets and facilities in Victoria, South Australia, Tasmania, Western Australia, NSW and the ACT. The CEFC’s investment will finance projects that meet the CEFC’s investment eligibility criteria. This NAB Climate Bond will be certified in compliance with international Climate Bonds Standards, a global benchmark which assists investors identify investments which contribute to climate change solutions.

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