Bank trio find appetite for ESG senior bonds

By David Freitas
04 Jun 2020

Crédit Mutuel Arkéa, Deutsche Bank and Mitsubishi UFJ Financial Group this week sourced environmental, social and governance senior funding in euros, amid a shortage of supply in the format.

Deutsche Bank raised a preferred senior green bond, while Arkéa and MUFG sourced Covid-19 response funding in bail-inable senior format.

Investors have warmly welcomed the increase in ESG bond issuance. They have been seeking to expand green portfolios, according to FIG bankers.

But supply is still ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial