The green bond market has been the subject of many capital markets headlines this year, from the first issue of green bonds by France, with a record €7 billion sale, at the start of the year to the first Central and Eastern European corporate green bond issuance, the debut €300 million issue by Lietuvos Energija (the Lithuanian state-owned energy company), on which Dentons acted for the issuer. It is clear that what was once a niche market is becoming more mainstream. This article provides an overview of: what a green bond is, recent developments in the green bond market; the Green Bond Principles and their importance to this nascent market; and practical considerations for participants in this market.
Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
