Bringing you live news and features since 2006 

Green globe

Citi issues nine structured green bonds to finance sustainable development

RELATED TOPICS​

Citi has issued nine structured green bonds with the proceeds set to be allocated exclusively to finance loans or investments made by Citi for assets or projects that meet Citi’s green bond eligibility criteria. 

Citi partnered with UBS, as underwriter, in the structuring and distribution of the bonds.

This financing activity is aligned with the Citi’s Sustainable Progress Strategy, which sets out Citi’s guiding principles, priorities and ambitions in environmental finance, environmental and social risk management, and the firm’s own operations and supply chain.

“The green bond market has gained significant traction as investors are keen to be associated with projects that align with their interest in sustainable investing,” says Fabrice Hugon, Head of Third Party Sales for the Americas at Citi. “Issuance of these bonds is the next step in our commitment to supporting sustainable finance.”

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by