Schuldschein market awaits investor appetite for sustainability-linked notes

Schuldschein lenders are getting their first taste of environmental social governance (ESG) interest-linked notes next week, as Dürr takes its final orders on a transaction linked to its sustainability performance. According to several participants the trade has so far gone well, and will likely spark further Schuldschein borrowers using this new structure.

  • By Silas Brown
  • 11 Jun 2019

“It is the best of both worlds,” said one banker familiar with Dürr's deal. “You have the green framework from the bond market and the sustainability performance linked to interest from the loan market. If this trade succeeds I can see many more borrowers considering this.”

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