Motability to issue all future bonds as social

Disabled disability car mobility social from Adobe 19Jan21 575x375
By Jon Hay
19 Jan 2021

Motability Operations Group, the UK non-profit company that leases cars to disabled people, will only issue social bonds in future, after successfully using the format for the first time last week.

Few issuers have switched entirely to using green, social and sustainability (GSS) debt. Enel, the Italian power and gas company, declared when it issued its first sustainability-linked bonds in September 2019 that it would use this format exclusively from now on.

“We fully expect all future bonds to be ...

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