Sam Zell may be a bit skeptical about climate change, but he nonetheless may profit from it. Zell’s Equity Residential issued $400 million in green bonds, according to a company press release. The issuance, which the firm claims is the first ever for an apartment REIT, is for 4.15 percent unsecured notes that mature in 2028. The bonds are expected to generate proceeds of $396.7 million, which the company plans to funnel into green projects […]
source https://therealdeal.com/2018/12/06/sam-zells-equity-residential-issues-400m-in-green-bonds/
No comments:
Post a Comment