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The Sustainable Economy

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Lender enters “very exciting phase” as capital grows and it enjoys two triple-A ratings
Paying off external arrears will help get an IMF deal over the line
SSA
China bank treasury demand for suprantional paper rises amid higher volatility and yields
The euro's share of EM bond funding is at its highest in a decade
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  • China Yangtze Power, a Chinese utility company, has launched its listing on the London Stock Exchange, becoming the third company to list in London through the London-Shanghai Stock Connect scheme. The deal is expected to be worth up to $3.4bn.
  • ABS
    Vivint Solar is back in the ABS market, preparing a new deal two months after it was announced that it would merge with rival solar finance firm Sunrun.
  • Ignitis Grupe, the state-owned Lithuanian energy and utility company, has opened books on its IPO on the Nasdaq Vilinus and London Stock Exchange. The company’s listing will benefit from a framework agreement signed with the European Bank for Reconstruction and Development, under which it will participate in the IPO.
  • Amy West has been named global head of a new sustainable finance and corporate transitions group at TD Securities, which becomes the latest bank to launch a new unit working in this area.
  • The European Parliament voted in favour of an expansion of the EU’s own resources on Wednesday. The result brings the EU’s €750bn recovery plan one step closer to reality.
  • SRI
    The Covid-19 pandemic has been a health and economic disaster — but it also creates opportunities, say responsible investing experts. The new environment means financial players can become more ambitious, socially and environmentally.