Vornado shows again that green bonds can price through curve

Empire State Building 230x150
By Jon Hay
10 Jun 2014

Vornado Realty, the New York-based office developer, has become the second US property company to issue a green bond.

The $450m bond was in many ways similar to a transaction a few weeks ago for Regency Properties, a US strip mall developer. The deals suggest that green bond issuance is beginning to take off among US corporate borrowers, some six to eight months after it did among ...

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