© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

SRI

Top section

Top section

SSA

Ontario targets first 'resilience' bond as it pitches to host DSR Bank

Province will issue dedicated use of proceeds bond under new framework
SSA
Deal liberates capital and tempts investors to take new frontier market risk
SSA

African Development Fund could issue $4bn over three years

AfDB hopes to launch multi-issuer securitization this year
FIG

Caixa Geral and FinecoBank land senior preferred trades amid investor price sensitivity

◆ Infrequent issuers achieve tight pricing... ◆ ...but lose a third of orders ◆ Investors may demand more NIP on deals from next week
SSA
Deal liberates capital and tempts investors to take new frontier market risk
Sub-sections
  • Senior deals from Banco de Sabadell and Mediobanca underlined the pricing benefits of printing in green formats this week, with both coming inside conventional curves. Other issuers could be tempted to follow.
  • Daimler blasted far through its conventional bond curve with its €1bn debut green deal on Thursday, in a first for the European automotive industry that is expected to herald a spate of similar issuance — and could reset expectations about the difference between green and conventional bond pricing.
  • In a busy week for European sovereign sustainable issuance, Municipality Finance took the chance to sell its debut social bond — the first in the format from any Nordic SSA.
  • China Merchants Bank (CMB) sold its first green bond on Wednesday, taking $800m on the back of support from sustainability-focused investors.
  • Luxembourg became the first European sovereign to publish a sustainability bond framework this week, breaking the pattern, to which Germany became a notable addition on Wednesday, of governments printing green deals. But sustainability bonds make much more sense for countries large and small.
  • SRI
    The sustainability-linked bond market is about to get its second deal. Suzano, the Brazilian pulp and paper company, is preparing to bring a deal linked to its carbon emissions intensity, as foreshadowed by GlobalCapital in February.