All that glitters is green: FIG issuers hail ESG pricing power
Banks and insurance companies were falling over one another to issue green bonds this week, with deal arrangers seeing ESG labels as near infallible ways of bringing pricing through fair value, write Tyler Davies and David Freitas.
There has been no let up in sales of green bonds in the FIG market this month.
September already makes up more than a third of the year’s total supply in euros, according to GlobalCapital data.
Four banks and insurers added another €3.5bn to the total this week.And the ...