REITs Broaden Investor Base With Green Bonds

Law360, New York (July 25, 2014, 1:58 PM EDT) -- As investors become more concerned about climate change and other environmental issues, real estate investment trusts and other corporations are taking a lesson from the World Bank and issuing so-called green bonds focused on environmentally friendly projects to open up their investor base.

The World Bank has been using green bonds since about 2008, raising money from fixed income investors to finance environmental initiatives around the world. Recognizing the potential to pull in more environmentally-minded investors, many corporations have begun to sell green bonds as well,...
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