Morgan Stanley joins green bond carnival with its own deal
Morgan Stanley has become the first pure play US investment bank to issue a green bond, with a $500m self-led deal placed in the US on Wednesday.
Private sector banks have issued themed green bonds before, beginning with a R4bn deal by Nedbank in 2012, according to the Climate Bonds Initiative.
Crédit Agricole CIB, the investment bank of Crédit Agricole, has issued a string of notes since January 2013 to fund its green loan portfolio....
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