Aussie green bond boom continues with Investa deal

The real estate trust diversified its investor base into Asia and New Zealand after selling an upsized A$150 million deal.

Aussie green bond boom continues with Investa deal

Investa Office Fund IOF issued the first Australian corporate green bond as the BBB rated real-estate investment trust diversified its funding channels, pitching the deal in part to investors outside of the domestic market.

The company raised A$150 million late last week, priced its seven-year bond at a yield of 4.262%. That was significantly larger than originally planned. The issuer had eyed a A$100 million deal, but big demand allowed it to increase the bond...

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