SLB fever sweeps FIG market after Berlin Hyp debut

By Tyler Davies
15 Apr 2021

Banks are optimistic that sustainability-linked bonds have a bright future as part of their funding toolkits, after Berlin Hyp became the first financial institution to land a deal in the format this week. More trades are already on the way and market participants are stepping up their efforts to break down the remaining barriers for FIG borrowers.

Berlin Hyp burst on to the SLB scene on Tuesday, when it issued a €500m 10 year preferred senior bond at 35bp over mid-swaps.

It had taken roughly nine months to bring the deal to life, as the German bank laboured ...

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