Sustainability co-ordinator: Difference between revisions
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Another name for | Another name for the role of sustainability co-ordinator is the sustainability structuring bank. | ||
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*[https://www.treasurers.org/hub/treasurer-magazine/act-doty23-bonds-below-750m-heathrow ACT Deals of the Year Awards 2023: Bonds below £750m winner - Heathrow] | *[https://www.treasurers.org/hub/treasurer-magazine/act-doty23-bonds-below-750m-heathrow ACT Deals of the Year Awards 2023: Bonds below £750m winner - Heathrow] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 04:17, 6 October 2024
Borrowing and lending - syndicated loans - documentation - environmental concerns - social concerns - sustainability - green, social and sustainability linked lending (SLL).
A sustainability co-ordinator is an optional appointment in a green, social or sustainability-linked (GSS) syndicated loan.
The sustainability co-ordinator is an external party that takes the external lead on sustainability and related issues.
- Sustainability co-ordinator's role and responsibilities
- "A sustainability coordinator may be variously referred to as a “sustainability structuring agent”, an “ESG structuring agent”, a “sustainability agent”, a “sustainability arranger”, a “green loan coordinator” (in relation to a green loan), a “social loan coordinator” (in relation to a social loan) and/or a “sustainability-linked loan coordinator” (in relation to a sustainability-linked loan).
- These titles are often used interchangeably and there is currently no definitive market standard as to the responsibilities which are associated with each of these respective labels..."
- An introduction to the sustainability co-ordinator role - Loan Market Association - 2022 - p2.
Another name for the role of sustainability co-ordinator is the sustainability structuring bank.
- Heathrow's sustainability-linked bond structured by Société Générale
- "The success of the trade was evidenced by the participation from SFDR Article 9 funds, which is rare for an issuer in a hard-to-abate sector.
- Barclays, BNP Paribas, Lloyds, NatWest Markets and RBC Capital Markets were joint active bookrunners, with Société Générale as the SLB structuring bank."
- ACT Deals of the Year Awards 2023: Bonds below £750m winner.
See also
- Abate
- Active bookrunner
- Agent
- Arranger
- Article 6
- Article 9
- Bookrunner
- Default
- Defaulting lender
- Documentation
- Environmental concerns
- ESG coordinator
- Facility
- Facility agent
- Finance party
- Fund
- GSS
- Hard-to-abate
- Impaired agent
- Investment grade
- Lehman provisions
- Loan agreement
- Loan Market Association (LMA)
- Party
- Secured debt
- Security
- Security agent
- Social concerns
- Sustainability
- Sustainability-linked bond (SLB)
- Sustainability linked loan (SLL)
- Syndicated loan
