ACU Sustainability Bond
Organisation
National Australia Bank (NAB) placed Australia’s first Sustainability bond for Australian Catholic University (ACU). The bond raised funds for a combination of social projects and green buildings that deliver positive social and environmental outcomes in alignment to the International Capital Markets Association’s sustainability bond guidelines.
Financial Return
Coupon Payment of 3.7% semi-annually.
Social Return
Aims to support the construction of green buildings as well as research and development programs with social impact.
Issuing organisation
- Australian Catholic University Ltd
Arranger
- National Australia Bank
Size
- $200,000,000
Minimum Investment
- $500,000
Investment Type
- Fixed Rate medium term note (MTN)
Investor Type
- Sophisticated
Term
- 10 years
Impact Focus
- R&D in the areas of healthcare, education and social justice, green buildings
Location
- Australia-wide