SSA green market warms to double debut but pricing to be battleground
A pair of leading SSA green bond issuers have investors and bankers hot under the collar at the prospect that they could soon make debuts in the format in a new currency — dollars. But pricing these deals will be a sensitive issue. Borrowers may have ratcheted in pricing on conventional benchmarks all month but there were signs this week that investors will not tolerate much more of a squeeze.
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