Incredible bulk of demand for hybrids turns a shade of green
The supply of hybrid bonds continued this week, with an additional feature — both hybrids sold this week were certified as green bonds.
On Tuesday, Spanish utility Iberdrola sold its first green hybrid bond, the proceeds of which will be used to finance renewable energy projects in the UK and Germany, but the issuer is no stranger to either hybrid bonds or green bonds.It sold its first hybrid bond ...
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