Finland lists first green bond on LSE with $500m issuance
Dec 15, 2016 By Roger Aitken Finland’s leading provider of financial services in the country to local government and public housing sectors, Municipality Finance (MuniFin), opened trading on the London Stock Exchange (LSE) to mark the listing of its first ever green bond, a $500 million (m) benchmark-sized issuance, on the 200-year old exchange. The 5-year bond carrying a 1.48% annual yield listed on the LSE’s Green Bond Segment, which launched last year as a world first to provide a new range of green fixed-income funding options for issuers and investors. The issue met with high global investor support and was oversubscribed within a few hours of the launch.
COP 21 agreement spurs East Capital to review high climate change - related investing risk by Roger Aitken The climate agreement sealed at the COP21 summit in Paris on 12 December 2015 underscores, once and for all, that climate change is a common issue that needs to be addressed in a “strong and coordinated manner”, argues Louise Hedberg, Head of Corporate Governance at East Capital Group, an emerging and frontier markets specialist headquartered in Stockholm that manages €2.1 billion (c.US$2.3bn) in assets for international clientele. As a major achievement on the diplomatic front, which bridges the views of developed and developing nations, the COP21 agreement leaves no nation behind as it provides nearly 200 countries with a global roadmap for accelerating the vital transition to a low-carbon economy.