Nedbank Green Bond DCM
Sector: Residential • Location: South Africa
Source: International Finance Corporation (IFC)
The proposed investment consists of an IFC anchor investment of ZAR500 million in a 7-year ZAR 1.090 billion privately placed senior unsecured green bond issuance by Nedbank Limited (“Nedbank” or the “Bank”). The bond will be issued under the Bank’s ZAR75,000,000 Domestic Medium Term Note Programme dated February 8, 2019, will be certified to confirm alignment with the International Capital Marke
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment consists of an IFC anchor investment of ZAR500 million in a 7-year ZAR 1.090 billion privately placed senior unsecured green bond issuance by Nedbank Limited (“Nedbank” or the “Bank”). The bond will be issued under the Bank’s ZAR75,000,000 Domestic Medium Term Note Programme dated February 8, 2019, will be certified to confirm alignment with the International Capital Market Association Green Bond Principles, and listed on the Johannesburg Stock Exchange (the “Project”). The proceeds of the bond will be fully dedicated to financing Excellence in Design for Greater Efficiencies (“EDGE”)-certified green residential housing developments in South Africa, up to 75% of which are anticipated to be in the affordable housing segment, on a reasonable-efforts basis. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |