Green convertible bond market continues to grow with US deals

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By Aidan Gregory
15 Jul 2020

Atlantica Sustainable Infrastructure, the New York-listed Spanish infrastructure company focused on renewable energy assets, is the latest company to sell a green convertible bond.

The five year $100m bond was launched after the market closed in New York on Tuesday evening. It subsequently priced at a 4% coupon and a 20% conversion premium. 

Atlantica is rated BB, with a positive outlook, by S&P. The company’s green finance framework and ESG assets are rated ...

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