Sustainable debt in East Africa has moved from novelty to programme. Issuers that came to market with a single green bond are now establishing frameworks for repeat issuance.
Credibility is the currency
Investors are scrutinising key performance indicators more closely, and frameworks with ambitious, measurable targets are pricing better. Second-party opinions and transparent reporting are now expected.
Issuers who invest early in data and governance will find each subsequent issuance faster and cheaper.
This publication is for general information only and does not constitute legal advice. Igweta Advocates is a fictional firm presented for demonstration.