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Governments, companies and investors pass the ball on responsibility
Dedicated EM impact investing is still at small scale
Italgas shareholders approve €1bn rights issue
◆ Quick into market after Trump pauses tariffs ◆ Lands close to fair value ◆ Defensive tactics in bookbuilding
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International Court of Justice ruling clarifies World Bank Group's obligations
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Parliament is deadlocked on changes to CSRD, while simplifying ESRS moves ahead
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◆ Some investors pass over ESG but other factors prove a lure ◆ Orderbook more than three times deal size at peak ◆ Attrition as spread tightened
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Mid-cap equity-linked issuance to grow
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Canadian banks have high fossil fuel financing and are heavily used as repo collateral
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High emitters' bonds to be assigned lower value as collateral