Berlin Hyp sets ‘high bar’ in FIG with first sustainability-linked bond
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FIGSenior Debt

Berlin Hyp sets ‘high bar’ in FIG with first sustainability-linked bond

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Berlin Hyp will become the first bank to issue a sustainability-linked bond (SLB), after it announced plans on Friday for a deal with a coupon that will step up if the issuer fails reduce the carbon intensity of its loan book by 40% over the next 10 years.

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