Jon Hay News Today

Roughly this time six years ago, Jon Hays began arguably the second-most productive collegiate career of anyone ever to attend Paradise High School. On July 26, 2008, Hays returned to the field, fresh off graduation and not too long after missing the Northern Section Division I playoffs with a 5-5 record as the quarterback of […]

Former Hawks gathered at the club last week to re-live the magic moments of the 1999 Ansett Cup Night Premiership.

Doors at 6:00 PM Show at 7:00 PM Seated Show General Admission Advanced: $25 General Admission Day of Show: $28 VIP First 2 Rows: $40 As a teenager in the early ‘90s growing up in the muddy potato fields of Idaho, John Németh was drawn ...

Sanctions and dovish central bank expectations abound as Russia invades Ukraine, as Global Capital reports

By Jon Hay 15 Jul 2021 Market participants are getting to grips with the EU’s plans for its Green Bond Standard, released last week. They are finding quirks in it that could help some issuers, discovers Jon Hay, but may make the regulation much more complicated. Already a subscriber? Login

By Hannah Buttle, Jon Hay, Mike Turner 15 Jul 2021 Sustainable finance specialists are increasingly concerned that companies headlong rush to use environmental, social and governance-related loans risks weakening standards in the market and making it liable to accusations of greenwashing. Hannah Buttle, Jon Hay and Mike Turner report. Already a subscriber? Login

By Jon Hay 09 Jul 2021 Central banks have become integral to the fight against climate change in financial markets. Participants now expect them to wield their immense influence through many avenues of their work — economic analysis, metrics, supervision, investment and even monetary policy. None of this is explicitly in the mandate of any central bank. In the past four years, first a few central banks and now many have rethought and reinterpreted their mandates, in light of the realisation t...

By Jon Hay, Mike Turner 12.30 PM Prospects for companies to issue more social bonds rose this week, with the debut issue by Electricité de France, a borrower with a long and influential track record in the green bond market. EDF was one of the first three private sector companies to issue a green bond, in November 2013 — at €1.4bn also the biggest green bond up to then — and in September 2020 issued the largest green convertible bond.Last week, EDF published its first Social Bond Framewo...

By Jon Hay, Mariam Meskin 12.45 PM PKN Orlen, the Polish oil refiner and petrol retailer, began marketing its debut green bond on Monday, a €500m no-grow seven year. Issuing a green bond would be a bold move for an oil company, but PKN Orlen is being conservative about the assets included and has obtained certification from the Climate Bonds Initiative. PKN Orlen, rated Baa2/BBB- by Moody’s and Fitch, is one of the largest companies and most important energy providers in central and eastern...

By Jon Hay, Mariam Meskin 07.15 PM Turkish companies and banks are succeeding in raising funds in international debt markets, even as the country strays near the edge of an economic precipice and experienced investors view Turkish risk with disdain. On Thursday, Zorlu Renewables, a Turkish geothermal energy producer, obtained its first rating from Fitch, of B-, ahead of a bond issue to be led by Bank of America.It would be the third issue in recent days from a little known or debut Turkish comp...