London Stock Exchange Partners with TreasurySpring

The London Stock Exchange has partnered with TreasurySpring to offer issuers an opportunity to access sustainable short term funding in addition to the range of funding options offered by our listing business.

The London Stock Exchange continues to further its vision of serving customers across the funding continuum, encouraging innovation and reaffirming its commitment to supporting the growth of sustainable finance.

Through this partnership, TreasurySpring’s clients will soon be able to access sustainable cash investment products from investment corporations through TreasurySpring’s Fixed-Term Fund (FTF) platform. The partnership leverages TreasurySpring’s existing infrastructure and technology, with the London Stock Exchange providing an accreditation for sustainable issuers, based upon clear, transparent criteria.

Who are TreasurySpring?

TreasurySpring enables its clients to access a unique range of cash investment options in a way that simply didn’t exist before – searching out the best cash investments and delivering them through a simple, digital FTF platform. It works with institutions holding large excess cash balances to minimise risk and maximise return on excess liquidity, whilst optimising time in the process. For its issuers, TreasurySpring offers access to new short-term funding sources, providing options to diversify and reduce financing costs. In a few short years, TreasurySpring has already issued FTFs worth 10’s of billions of dollars to an institutional client-base, including FTSE 100 corporations, IGO’s, fund managers, charities, and family offices.

How it works?

The London Stock Exchange’s Issuer Services platform offers issuers access to the TreasurySpring platform, unlocking opportunities to manage their funding needs in an innovative and sustainable way. 

  1. Sign a simple, short-form unsecured facility agreement via the TreasurySpring platform.
  2. Specify the desired amount, term, currency and rate of financing.
  3. Go live on the TreasurySpring platform, enabling investors to view the offering.
  4. Receive funds when interested investors subscribe.
How will London Stock Exchange’s sustainable verification work?

The London Stock Exchange will provide an accreditation to recognise sustainable issuers through the TreasurySpring platform. This will utilise LSEG’s ESG data and methodology to identify companies that meet certain ESG metrics or are contributing to the green and sustainable economy through their business activity and funding frameworks. 

To be considered a “Sustainable Issuer”, an issuer must meet at least one of the following criteria:

  • Have a Refinitiv ESG score of at least B+, meaning that it ranks in the top third of its peer group. ESG scores are provided by Refinitiv, an LSEG business. 
  • Qualify for London Stock Exchange’s Green Economy Mark, i.e. issuers listed on its equity markets derive at least 50% of their revenues from green products and services, as defined by FTSE Russell’s Green Revenues Classification System
  • Display its securities on the Sustainable Bond Market, with its published ESG framework aligning with:
    • the ICMA Green Bond Principles 2021,
    • the Social Bond Principles 2021, and/or
    • the Sustainability-Linked Bond Principles 2020.

Each of the above requires a firm to have implemented a sustainability strategy at issuer level.

What is a Fixed Term Fund? (FTF)

TreasurySpring’s FTFs are financial products that offer exposure to debt from a single investment grade issuer, for a fixed term.

FTFs can provide access to highly-rated financial institutions, sovereigns, supranationals or corporations. 

All issuance vehicles on the TreasurySpring platform are regulated by the Jersey Financial Services Commission as alternative investment funds pursuant to the Alternative Investment Funds (Jersey) Regulations 2012. 

Would you like to learn more about our partnership with TreasurySpring?

Sam Dodd

Digital Sales Manager

Elena Chimonides

Senior Product Development Manager

Contact us

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London Stock Exchange Partners with TreasurySpring

The London Stock Exchange has partnered with TreasurySpring to offer issuers an opportunity to access sustainable short term funding in addition to the range of funding options offered by our listing business.

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