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Corporate BondsHigh grade and crossover bonds

UCL’s first ESG bond gets top marks but unlikely to see others

LONDON- University College London historic campus, a world leading research university central London

University College London has issued the first public ESG-labelled bond from the UK’s higher education sector, which it priced flat to fair value. But bankers say that while the demand is there, a lack of supply means deals like this are going to be a rarity.

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