Article 2 Definitions

‘issuer’ means an entity that issues bonds;

‘sovereign’ means an entity referred to in Article 1(2), point (b), of Regulation (EU) 2017/1129;

‘taxonomy requirements’ means the criteria for environmentally sustainable economic activities set out in Article 3 of Regulation (EU) 2020/852;

‘regulated market’ means a regulated market as defined in Article 4(1), point (21), of Directive 2014/65/EU of the European Parliament and of the Council ( 1 );

‘bond marketed as environmentally sustainable’ means a bond whose issuer provides investors with a commitment or any form of pre-contractual claim that the bond proceeds are allocated to economic activities that contribute to an environmental objective;

‘sustainability-linked bond’ means a bond whose financial or structural characteristics vary depending on the achievement by the issuer of predefined environmental sustainability objectives;

‘home Member State’ means a home Member State as defined in Article 2, point (m), of Regulation (EU) 2017/1129;

‘host Member State’ means a host Member State as defined in Article 2, point (n), of Regulation (EU) 2017/1129;

‘financial asset’ means debt or equity, or a combination thereof;

‘made available to investors in the Union’ means:

‘offer to the public’ means an offer of securities to the public as defined in Article 2, point (d), of Regulation (EU) 2017/1129;

‘trading venue’ means a trading venue as defined in Article 4(1), point (24), of Directive 2014/65/EU;

‘CapEx plan’ means a CapEx plan as provided for in point 1.1.2.2, point (b), and point 1.1.3.2, point (b), of Annex I to Delegated Regulation (EU) 2021/2178;

‘issuance costs’ means costs that are directly related to the issuance of bonds, including costs incurred for professional advice, legal services, rating, external review, underwriting and placement;

‘technical screening criteria’ means the technical screening criteria set out in the delegated acts adopted pursuant to Article 10(3), 11(3), 12(2), 13(2), 14(2) or 15(2) of Regulation (EU) 2020/852;

‘transitional economic activity’ means an economic activity that complies with Article 10(2) of Regulation (EU) 2020/852;

‘enabling economic activity’ means an economic activity that complies with Article 16 of Regulation (EU) 2020/852;

‘securitisation’ means securitisation as defined in Article 2, point (1), of Regulation (EU) 2017/2402;

‘originator’ means an originator as defined in Article 2, point (3), of Regulation (EU) 2017/2402;

‘securitisation special purpose entity’ or ‘SSPE’ means a securitisation special purpose entity or SSPE as defined in Article 2, point (2), of Regulation (EU) 2017/2402;

‘securitised exposure’ means an exposure included in a securitisation;

‘securitisation bond’ means a bond issued by an SSPE in accordance with Title II, Chapter 3;

‘synthetic securitisation’ means a synthetic securitisation as defined in Article 2, point (10), of Regulation (EU) 2017/2402;

‘fossil fuel’ mean fossil fuel as defined in Article 2, point (62), of Regulation (EU) 2018/1999.