Ruminant Biotech, a New Zealand-based tech business looking to reduce methane emissions from pasture-based livestock, has raised around $9.5m in a Series A fundraising.
Hong Kong’s financial secretary Paul Chan described the government's issuance of a third digital green bond as "reflecting the market support for tokenised products". The many times oversubscribed issuance had a large range of global investors.
The money raised from the 3.5% notes, due in 2030, will go towards the data infrastructure firm's green projects such as energy efficiency at its data centres across Apac; DBS, Standard Chartered, HSBC and OCBC helped secure the bond.
Despite numerous challenges, which are growing under Trump’s second administration, sustainable finance might be an area where females are more likely to excel and take leadership roles, including in Asia; senior leaders gave FA their opinions.
The up to $121m bond is supported by BCA Sekuritas, BNI Sekuritas, Sucor Sekuritas and BRI; the miner is also eyeing a "transformative" acquisition to help sustainability efforts.
As investors look beyond financial returns, senior leaders from Temasek, District Capital, UBS and the Center for Impact Investing and Practices, recently shared their views in Singapore at the Tideline Compass Series Panel.
The lead managers for the bond were Bank of China (Hong Kong), HSBC and Standard Chartered; the three-year bond is listed on the Luxembourg Stock Exchange and will settle on the HKMA's Central Moneymarkets Unit.
Illicit financial outflows hit $16bn annually while the local stock exchange and the environment was neglected, according to a white paper published by the interim government.