AC Energy goes for Green bonds
In early 2019, Philippines-based AC Energy Inc completed its debut issuance of climate bonds, raising a total of US$410m across three tranches of two series of notes. This inaugural climate bond offering by AC Energy marks the first publicly-syndicated Climate Bonds Initiative certified US dollar climate bond issue in South-East Asia to be listed on the Singapore Stock Exchange, and provides a strong indication of the appetite within the regional market for sustainable capital markets products. ByJames Grandolfo,Paul PeryandCheyne Cudby,Milbank LLP.
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