Independent, accredited verifiers pre-screen the competitive calendar to determine if an upcoming deal meets the ICMA standard criteria for the labels of Green, Social, or Sustainability Bond designations.
If eligible, do you agree to allow the winning underwriter to add this designation to the deal at NO COST to the issuer? The winning dealer pays the verifier fee for the “Second Party Opinion.”
Should the winning underwriter choose to add a qualifying Green, Social, or Sustainability Bond designation to a deal, the verifier will automatically provide the second party opinion and other related documentation.