Access Bank Plc has issued a five-year fixed rate senior unsecured green bond to the tune of N15 billion making it the first corporate green bond to be issued in Africa.
The bond offer, which was achieved by a bookbuild and was fully subscribed, was priced at 15.5% with participation from asset managers and pension fund administrators.
The bond has already been awarded an Aa-rating by Agusto & Co. In anticipation of the issuance, the management of Access Bank had launched the Nigerian Green Bond Market Development Programme in partnership with FMDQ OTC Securities Exchange and the Securities & Exchange Commission.
“With our pace-setting experience in the mainstreaming of sustainability in our business operations, we are confident that this issue with further help in supporting environmentally friendly investors to meet their investment objectives whilst simultaneously supporting the Bank’s customer towards realizing growth opportunities in a fast-developing low carbon economy,” Hebert Wigwe, the bank’s group managing director, said at the signing ceremony.
The bank said the new funding will be directed towards financing new loans and refinancing existing loans in accordance with the bank’s green bond framework, and support projects directed at flood defence, solar generation facilities and agriculture.
Chapel Hill Denham was the lead issuing house on the green bond issuance, whilst the joint issuing house was Coronation Merchant Bank.
I just want to mention I’m very new to blogging and certainly savored this web site. Most likely I’m want to bookmark your blog . You surely have remarkable stories. Kudos for revealing your blog.
I just want to tell you that I am very new to blogs and really liked this web-site. Probably I’m planning to bookmark your blog . You actually have good writings. Kudos for revealing your website page.
http://www.bhelpoori.com/2020/04/04/orphans-take-care-of-children-in-the-manner-of-celebrities-who-have-children-of-their-own-salute-less/whatsapp-image-2020-04-04-at-2-23-33-pm-8/ Racist Skank Adeline Bababikov has cheap rates – call/text for appt 303-949-0383 720-513-3865
high line pointe
south denver apartments
high line pointe review
south denver apartments
high line pointe
high line pointe review
high line pointe denver
I like this website very much, Its a real nice berth to read and find info .
130845 326430This internet web site is generally a walk-through its the data you wished concerning this and didnt know who ought to. Glimpse here, and you will definitely discover it. 286873
851842 143907Extremely very good post, thanks a whole lot for sharing. Do you happen to have an RSS feed I can subscribe to? 685056
675436 324266Thanks – Enjoyed this post, can you make it so I receive an email when you make a fresh post? From Online Shopping Greek 489312
875787 627946Now im encountering a fresh short difficulties Once i cant appear like allowed to sign up for the particular give food to, Now im utilizing search engines like google audience. 354368
994454 457290Aw, this was a really nice post. In thought I want to put in writing like this moreover ?taking time and actual effort to make a really excellent article?nevertheless what can I say?I procrastinate alot and definitely not appear to get one thing done. 706669
786507 557199You can surely see your skills within the function you write. The world hopes for much more passionate writers like you who arent afraid to say how they believe. At all times follow your heart 167689
267421 22286Have you noticed the news has changed its approach recently? What used to neve be brought up or discussed has changed. It is that time to chagnge our stance on this though. 966301
970339 751878This really is a superb blog, would you be involved in performing an interview about just how you developed it? If so e-mail me! 461783
695864 912478Spot lets start work on this write-up, I really believe this amazing site requirements significantly far more consideration. Ill apt to be once again to read a great deal more, many thanks for that information. 11970
619441 100281I love what you guys are up too. Such clever work and exposure! Keep up the really very good works guys Ive incorporated you guys to my own blogroll. 222095
365725 765032Merely wanna input on couple of general points, The site style is perfect, the topic material is rattling superb : D. 367945
978653 551274Not long noticed concerning your internet internet site and are nonetheless already reading along. I assumed ill leave my initial comment. i do not verify what saying except that Ive enjoyed reading. Nice blog. ill be bookmarking keep visiting this internet internet site genuinely generally. 861023
596927 176501The when I just read a blog, Im hoping that this doesnt disappoint me approximately this 1. Get real, Yes, it was my method to read, but When i thought youd have something fascinating to state. All I hear is a number of whining about something that you could fix really should you werent too busy trying to discover attention. 825592
170114 361230Id need to verify with you here. Which isnt something I often do! I enjoy studying a publish that can make men and women feel. Also, thanks for permitting me to remark! 390139