SG, Mariner bring new impact securitization structure

Société Générale has engaged in a $3.4bn synthetic securitization and pledged to reinvest some of the freed-up capital to increase its ‘positive impact finance’ lending. The investor, New York hedge fund Mariner Investment Group, has given it a financial incentive to go even further.

  • By Jon Hay
  • 16 Oct 2019
This is believed to be the first time a bank as borrower has used a feature that has become popular in syndicated loans: an interest rate can be varied during the life of the financing if the borrower hits sustainability targets. It is also the first time this ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

Global Green Bonds

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 13.40 57 7.44%
2 Credit Agricole CIB 10.17 61 5.64%
3 BNP Paribas 9.85 60 5.47%
4 HSBC 9.65 70 5.35%
5 JPMorgan 8.27 54 4.59%