ING creates sustainability derivative
ING has launched the world’s first sustainability improvement derivative, a derivative with a credit spread that is linked to sustainability performance. The trade comes amid growing demand for environmental, social and governance derivatives products.
The sustainability improvement derivative (SID) is being provided to SBM Offshore in connection with its $1bn, five year revolving credit facility. SBM Offshore is a Netherlands-based group that provides systems and services to the offshore energy industry.It is structured as an interest rate swap deal that hedges ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org