Bank trio find appetite for ESG senior bonds

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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 ...

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