Media Release

For Release: 22 May 2015

ANZ to issue its first green bond

ANZ today announced its intention to issue its first green bond in response to investor demand and in line with the bank's commitment to supporting the transition to a lower- carbon economy.
Proceeds will be used to finance a portfolio of existing ANZ loans that directly contribute to developing low carbon industries, technologies and practices. Specifically, the portfolio comprises loans to wind power and solar projects and Green Star rated commercial property buildings in Australia, New Zealand and parts of Asia. Projects in the geothermal power and fuel efficient transportation sectors may also be considered in due course.
The bond has been certified by the Climate Bonds Initiative (CBI) - a Not-For-Profit organisation that aims to promote large-scale investments that will help to deliver a low- carbon economy. Ernst & Young has independently verified the bond against standards issued by the CBI and will review compliance on an annual basis until the bond's maturity.
ANZ Group Treasurer Rick Moscati said: "We have developed the bond in response to investor demand and to deliver on our commitment to deploy capital for the transition to a lower-carbon economy. Importantly, the continued development of Australia's green bond market should enable ANZ to increase funding allocated to green projects in the future."
Katharine Tapley, Director Sustainable Finance Solutions in ANZ's Global Loans business, said: "We are pleased to be leveraging our position as a leading financer to the renewables and commercial buildings sectors to support the development of the green bond market. Likewise, our customers whose projects are included in the bond have been overwhelmingly supportive of this move."
Green bonds were created to fund projects that have positive environmental or climate benefits. Since the CBI was launched, annual global issuance of green bonds has risen from US$414 million in 2008 to US$36.6 billion in 2014.
ANZ is Sole Lead Arranger for the transaction.
For media enquiries contact:
Alex Evans
Media Relations Manager
Tel: +61 3 8655 8221 or +61 466327835
Email: alexander.evans@anz.com
Twitter: @alex_k_evans
For customer enquiries contact:
Katharine Tapley
Director, Sustainable Finance Solutions
Tel: +61 2 8937 6092 or +61 405125086
Email: katharine.tapley@anz.com

Any issue of green bonds will be to professional investors only under ANZ's A$ wholesale domestic issuance programme in circumstances where disclosure is not required under Chapters 6D or 7 of the Corporations Act 2001 and in such other circumstances as may be permitted by applicable law.

This media release is provided solely for informational purposes and is not to be construed as a solicitation, recommendation or an offer to buy or sell any securities in any jurisdiction and should not be treated as giving investment advice. In particular, the green bonds have not been registered under the U.S. Securities Act of 1933 and may not be offered, sold or resold in the United States or to a U.S. person.

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