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Bond Market News
Apple and China Three Gorges: Gorge on the Green Bond Trend
June 15, 2017
Apple raised a USD 1 billion green bond aimed at financing clean energy and environmental initiatives.
- The company said that they are committed to the Paris climate accord even though President Trump is against it.
- The bond has a 3% coupon and is trading above par at 100.693 as per data from BondEvalue.
- China Three Gorges also issued a Euro 650 million green bond last night with a coupon of 1.3%.
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