National Housing Finance and Investment Corporation (NHFIC) evolved its labelled-bond issuance to include sustainability format in its recent deal. The transaction covers a social and affordable housing project in Melbourne which adds environmental outcomes to the social benefit derived from social housing. Further funding evolution is on the immediate horizon for the issuer.
Kathmandu Holdings’ well-defined sustainability strategy enabled it to easily align its financial arrangements with the metrics of a sustainability-linked loan. The issuer says addressing the apparel sector’s industry-wide problems in the metrics was key to getting the loan over the line.