Green bond market debates whether opex has a place in use of proceeds

Green bond specialists are divided over whether proceeds of labelled green bonds can be used for operating expenditure, or whether they should mainly or entirely be used for capital expenditure.

  • By Jon Hay
  • 13 Jun 2019

The discussion seems arcane - and some market participants see it as unimportant - but others feel strongly about it.

At the fifth annual general meeting of the Green and Social Bond Principles in Frankfurt this week, delegates were set to discuss the issue as part of their closed ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Global Green Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 8,528.61 50 5.55%
2 BNP Paribas 8,376.88 51 5.45%
3 HSBC 8,011.19 61 5.22%
4 Citi 7,698.32 48 5.01%
5 Bank of America Merrill Lynch 7,413.52 49 4.83%