21 June 2022: ING Australia has acted as Joint Global Coordinator and Bookrunner on Goodman Group’s issuance of a US$500m Sustainability Linked Bond in the US market.
The Sustainability Linked Bond will help Goodman Group meet its ambitions to reduce its absolute greenhouse gas Scope 1 and 2 emissions in line with the Paris Agreement.
Darren Beatty, ING Australia’s Head of Wholesale Real Estate Finance says:
“This is an example of how ING uses its global product suite to help customers transition to a lower carbon future.”
“ING is committed to tackling climate change through its lending practices and supporting clients who are aligned with these ambitions.”
Goodman Group is one of the world’s leading developers and managers of industrial real estate, including logistics facilities, warehouses and industrial parks in 14 countries.
The deal come on the back of a strong relationship with Goodman Group and represents the value ING can bring to Australian companies operating in multiple countries.
“Goodman Group has been a trusted partner of ING over many years and we look forward to continuing this relationship in Australia and across the globe.”
“ING has the sector knowledge and international experience to help Australian companies operating in gateway cities and jurisdictions,” says Darren Beatty.
ENDS
Notes to editors
For more information contact Megan Landauro on 0413 317 225 or megan.landauro@ing.com.au.
About ING
ING changed the way Australians bank 22 years ago by launching the country’s first branchless bank. ING now offers Australians home loans, transactional banking, superannuation, credit cards, personal lending, insurance and wholesale banking services.
ING is Australia’s most recommended bank according to RFi XPRT Survey, October 2021 – March 2022 (n = 32,001) when compared to customers of 20 other banks operating in Australia. It is also Australia’s fifth largest main financial institution (MFI) with 6% of the market share according to RFi XPRT Survey, October 2021 – March 2022 (n = 32,001). MFI is defined as the bank that the consumer says is their main financial institution.