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0.000161524794055855 -0.000323049588111826 0.000484574382167681 0.000484574382167681 0.000484574382167681 0.000484574382167681 0.000484574382167681 0.000484574382167681
Stock impact report

HSBC, TD to advise feds on green bond issuance [Advisor.ca (Canada)]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Company Research Source: Advisor.ca
© Azaze11o / ThinkstockThe federal Department of Finance has chosen Toronto-Dominion Bank and HSBC Bank Canada as the structuring advisors for its first green bond issuance.The Liberal governmentsaid in the 2021 federal budget that it aims to raise $5 billionTD Securities and HSBC were chosen to advise on the green bond framework and to assist in its development and issuance.“Green and sustainable bonds are one way of increasing the flow of capital to low-carbon and socially responsible projects needed for a prosperous economy,” saidAmy WestHSBC Bank Canada president and CEO Linda Seymour said the bank has supported inaugural green bonds in the U.K., Chile, Korea, Hong Kong and other countries.“We have been at the forefront of green bond issuance here in Canada since 2014, supporting provincial governments through multiple green bond issuances,” Seymour said in a separate release. “This is a major milestone as we all work together to deliver Canada’s recovery.”The government also indi Show less Read more
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