Axa prints popular green tier two debut

By Frank Jackman
31 Mar 2021

French insurer Axa issued its inaugural green tier two bond on Wednesday and attracted a peak order book of more than €3.4bn for the €1bn deal.

"The green format is very much in vogue," said a banker at one of the leads. "ESG is a massive focus, be it in the bond market or in our everyday lives.

"Axa is perceived as quite an ESG focused organisation by investors, and as a result there was ...

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