Austrian property firm first to aim an SLB at retail buyers

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Austrian property firm first to aim an SLB at retail buyers

Vienna skyline from Alamy 17May21 575x375
D07BE8 Panorama of Vienna from St. Stephen's Cathedral | Alamy Stock Photo

UBM Development, the Austrian property company, issued last week what it believes is the eurozone’s first sustainability-linked retail bond — bringing one of the hottest techniques in corporate finance to a traditional market that has dwindled in the recent climate of negative interest rates.

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