Engie benefits from higher yields to bring tight green hybrid
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Corporate BondsHybrid

Engie benefits from higher yields to bring tight green hybrid

Engie Catamaran

A year on from selling its first green hybrid bond, French energy company Engie returned to sell another with a slightly longer call date. Demand for the product has remained strong, but the difference in coupons showed how pricing has changed despite the borrower paying virtually no premium over the company’s secondary bonds.

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