‘Nascent’ green convertible bond market is cause for optimism

Neoen_2_PA_575_375
By Aidan Gregory
23 Jul 2020

The growth of green convertible bonds is promising and there are hopes for more issuance. However, the market has some way to go before it becomes mainstream, according to sources.

So far, there have been six green convertible deals since 2018, raising more than $1.2bn, according to GlobalCapital and Dealogic data. That total includes two in Asia, one in Europe and three in the US.

The US is now the largest source of green CB issuance, with three transactions this year. ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial