Workspace joins trend for debuts in green

By Mike Turner
04 Mar 2021

Workspace Group, the UK office space company, sold its debut bond on Thursday, raising £300m using a green structure, as sustainability bankers say that ESG-linked debuts on the bond market are going to become more common.

Workspace, rated BBB by S&P, opened books for a seven year (March 2028) bond at 190bp over Gilts on Thursday, after mandating for the deal on Monday.

“It’s really exciting seeing a debut in green,” said a sustainability banker away from the deal. “When we’re working with issuers who ...

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