TISE Sustainable gathers pace with new admissions

Tuesday, 19 Oct 2021

The International Stock Exchange (TISE) has had several new companies admitted to its new sustainable market segment, TISE Sustainable

The largest sustainable property developer in the UK and a company with 125 years’ history of sustainably manufacturing wood products are among the latest bond issuers to be admitted to the segment.

TISE Sustainable was launched in July as a comprehensive and reputable enabler for increased capital allocation towards environmental, social or sustainable activities. It provides qualifying issuers and their securities with enhanced connectivity, credibility, transparency and visibility among investors with minimal administrative burden and no additional fees. 

“The largest sustainable property developer in the UK and a company with 125 years’ history of sustainably manufacturing wood products are among the latest bond issuers to be admitted to the segment.”

Carey Olsen Corporate Finance Limited has acted as listing agent for both Canary Wharf Group Investment Holdings PLC and PCF GmbH on their respective listings on TISE and admissions to TISE Sustainable.

Anthony Byrne, Head of Bond Markets at TISE, said: “I am delighted to welcome both Canary Wharf Group Investment Holdings PLC and PCF GmbH to listing on TISE and admission to TISE Sustainable. The segment is Europe’s most comprehensive sustainable market segment, offering issuers enhanced connectivity, credibility, transparency and visibility among investors. It is hugely pleasing to see a growing number of bond issuers availing of the segment through alignment with recognised green and sustainable finance frameworks, such as those from the International Capital Market Association (ICMA).”

Canary Wharf Group Investment Holdings PLC is part of the Canary Wharf Group (CWG), which is the largest sustainable developer in the UK with over 11 million square feet of sustainable certified buildings. CWG is the developer of the largest regeneration project in Europe, that as a commercial and residential property company is responsible for owning, managing and developing the regeneration of 128 acres of the once-derelict Docklands district of East London and turning it into a sustainable 24/7 community.

Canary Wharf Group Investment Holdings PLC has three bonds listed on TISE which are aligned with the ICMA Green Bond Principles.

“It is hugely pleasing to see a growing number of bond issuers availing of the segment through alignment with recognised green and sustainable finance frameworks.”

PCF GmbH (Pfleiderer) is headquartered in Germany and a leading manufacturer of premium engineered wood products, laminates and resins. It was founded in 1984 by Gustav Adolf Pfleiderer and since its beginnings more than 125 years ago, Pfleiderer has attached great importance to sustainable management and development, from ecological and economic as well as social points of view. 

PCF GmbH has two bonds listed on TISE which are aligned with the ICMA Sustainability-Linked Bond Principles.

For more information please contact us.
Anthony Byrne
Anthony Byrne
Head of Bond Markets