Sustainability-linked pricing to reach CBs after green wave

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By Aidan Gregory, Jon Hay
01 Oct 2020

The sustainability-linked debt structure, which has already spread from the loan market to corporate bonds, has made its first appearance in a convertible bond, with a deal by Dürr. CB specialists expect it will take root in that asset class too. Jon Hay and Aidan Gregory report.

Sustainability-linked pricing is one of the newest bond market products, but it now appears to be taking off strongly after a slow start. Instead of dedicating a bond’s proceeds to specific green projects, as in a green bond, the issuer commits to achieving a whole-company sustainability target, and ...

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