AIIB appoints Equity Trustees as debt issuance agent and issues inaugural Kangaroo bond

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The Asian Infrastructure Investment Bank (AIIB) has appointed EQT Australia Pty Ltd (Equity Trustees) as its registrar, issuing and paying agent to service A$-denominated notes issued by AIIB under its A$ and NZ$ Debt Issuance Programme.

AIIB issued its inaugural A$500 million Sustainable Development Kangaroo bond under its A$ and NZ$ Debt Issuance Programme on 6 May 2021.

AIIB began operations in Beijing in 2016. It is a multilateral development bank with 103 approved members from around the world, representing around 80% of the global population.  By investing in sustainable infrastructure, AIIB unlocks new capital, new technologies and new ways in which to address climate change and to connect Asia, and the world.

Commenting on the appointment, James Connell, General Manager, Corporate Trust and Securitisation, Equity Trustees said: “AIIB’s work is key to expanding and improving essential infrastructure in Asia. We are delighted to be working with the AIIB for the first time in Australia, providing Australian investors with the opportunity to participate in the rapid development of the Asian region.”

AIIB is rated AAA/Aaa/AAA respectively by Standard & Poor’s, Moody’s Investors Services and Fitch Ratings.

AIIB’s mission is to enable clients to build Infrastructure for Tomorrow—green infrastructure with sustainability, innovation and connectivity at its core. The Bank currently has in excess of 110 projects approved, with total approved financing of over US$24 billion. AIIB’s investments focus on one or more of its four thematic priorities; green infrastructure, connectivity and regional cooperation, technology-enabled infrastructure and private capital mobilisation.

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