NWD cements ESG credentials with sustainability-linked bond debut
Paul Rushton/Stripped Pixel - stock.adobe.com
New World Development Co printed Asia ex-Japan’s first sustainability-linked bond last week, raising $200m from the transaction. The Hong Kong-based property developer's deputy chief financial officer and its head of sustainability spoke to GlobalCapital Asia on Monday about why the firm ventured into this asset class and the challenges it faced.
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