Stockland first Aussie green bond no blowout

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Stockland first Aussie green bond no blowout

Stockland, one of Australia’s largest property developers, on Thursday launched the first green bond from an Australian issuer. The €300m bond, rated A-, was sold into a European market that had recovered well from a bout of turbulence last week and was fully placed with high quality investors. But it was no blowout.

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