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'Hard to classify' Italian corporate trade being marketed to FIG and SSA accounts
BMW heiress Susanne Klatten exits turbine maker
Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
Another defaulter, Argentina, likely to tap market this year
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Investors wanting to make a social impact with their money are often caught between two pitfalls. Targeted social investments can seem too risky and off the beaten track — but safer alternatives have little additionality.
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Intesa Sanpaolo has issued a €2bn risk transfer securitization to help fund Italian SMEs, boosted by an investment from the EIB and the EIF.
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ReNew Power, an Indian solar and wind power producer, is looking to the US for a potential IPO, according to a source familiar with the matter.
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The newly established European Guarantee Fund has greenlit a further €1bn lending for risk sharing products, allowing the EIB to continue investing in significant risk transfer (SRT) transactions to support European SMEs.
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Sceptics feared that Trump appointee David Malpass would reverse the World Bank's direction on climate change as president, but 18 months into his term they are starting to see evidence that he is quietly coming round to the multilateral's green agenda
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Petros PACE Finance, a commercial property-assessed clean energy lender, added Jerry Ellis to the business development team in its New York office. The move comes ahead of New York's expected approval of the C-PACE bill, enabling commercial property owners to tap PACE financing for new construction projects.