Nedbank and IFC issue first green bond for SA residential developments
The R1.09bn bond is the first to be issued by a commercial bank in Africa focused on green residential developments
22 December 2021 - 16:16
Nedbank Ltd and the International Finance Corporation (IFC) have issued a green residential development bond under Nedbank’s domestic medium-term note programme with the IFC as the anchor investor.
“This is the first green bond by a commercial bank in Africa focused on green residential housing developments, and it will help improve access to certified green homes in SA,” said the companies in a media statement...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now