Tobacco and green battle for attention

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Corporate Bonds
High grade and crossover bonds

Tobacco and green battle for attention

Mike Turner
March 15, 2021 05:00 pm
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Close up of a smoking cigarettes . cigarette filter tubes | VlaDee - stock.adobe.com

High grade corporate bond investors were given the choice between a green trade from Finnish paper company UPM-Kymmene Corp and a conventional trade from UK cigarette maker Imperial Brands on Monday, with some investors passing up on the cigarette company on ESG grounds.

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Topics

BBVAGreen and Social BondsBank of ChinaUniCreditSRICorporate BondsHigh grade and crossover bondsNatWest Markets
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Mike Turner
Corporate Debt Editor
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