BNPP sells MTNs linked to new Aussie climate index

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By Burhan Khadbai
05 Aug 2020

BNP Paribas has issued a series of green medium-term notes linked to the performance of the new Australian Climate Transition Index (ACT), which is made up of companies expected to thrive in the transition to keep global warming below 2°C.

The French bank has raised a total of A$140m ($100.8m) from its EMTN programme through three private placements with an eight year maturity bought by the Clean Energy Finance Corporation, First State Super and QBE Insurance.

Being a green bond, the use of proceeds will be green, but ...

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