Transport for London (TfL) £400 million 2.125% green bond issue

Overview:

• Transport for London (TfL) has issued £400 million in green bonds on the new green bond segment of the LSE.
• The 2.125% bonds are due in 2025.
• The money raised via the bonds will support the objectives of TfL’s corporate environmental framework, which includes reducing air pollution in the city, improving natural resource management and preparing for potential climate change effects.
• Bank of America Merrill Lynch and Deutsche Bank acted as underwriters.

Sam Duke - Editor