ESG offers way out of panic market as investors bundle in

By Mike Turner
28 May 2020

Corporate bond investors piled into the three environmental, social and governance trades on screens this week, as bankers said the focus in the high grade market is shifting from crisis mode back to socially responsible debt.

UK water utility Severn Trent and education publisher Pearson in sterling and chemicals company BASF in euros pulled in €9.5bn-equivalent of demand for €1.7bn-equivalent of trades this week.

The sterling deals saw chunky books, fairly unusual in the currency because of the smaller pool of investors than on the ...

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