pdf-articles Ratings /ratings/en/research/pdf-articles/180509-green-evaluation-bazalgette-finance-plc-tideway- content
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Green Evaluation: Bazalgette Finance plc (Tideway), May 09, 2018

In April 2018, Bazalgette Finance plc will issue £150 million of index-linked green bonds, maturing in 2032. The green bonds will be issued under Bazalgette Finance plc’s £10 billion multicurrency bonds program established in May 2016. The proceeds will be used by Bazalgette Tunnel Ltd. to design, build, commission, and maintain the Thames Tideway Tunnel (TTT) in London. The Green Evaluation score completed on November 15, 2017 is applicable to this latest financing of £150 million of index-linked green bonds issued under the program.