Author: kevinlathrop955
ING backs first of its kind sustainable securitisation transaction for Bayfront Infrastructure Management
ING acted as joint global coordinator and sole sustainability structuring advisor for Singapore government sponsored Bayfront Infrastructure Management on its second infrastructure asset-backed securitised (IABS) issuance, Bayfront Infrastructure Capital II. This was successfully priced at $401 million and leverages Bayfronts sustainable finance framework, which ING played a key role in developing. A significant milestone in the securitisation of project and infrastructure debt in Asia, this is the first time a sustainability tranche is included in such an issuance. This is a feature we think will be more commonly seen going forward given the increasing demand for sustainable investment opportunities globally ... Read more