Enel SLB target miss 'to cost it $27m'
Investors are not pricing in the expected Enel sustainability-linked bond (SLB) target miss at the end of 2023 which could trigger a coupon step-up for more than $10 billion worth of debt, according to the Anthropocene Fixed Income Institute (AFII).
Chile enhances its SLBs in latest issue, and promises more to come
The return of Chile to the sustainability-linked bond (SLB) market has been praised for the addition of a more diverse target mix - becoming the first sovereign SLB issuer to include a gender target.
PPC: Transition commitment prevented 'forced selling' of SLB, says Barclays
The clear transition commitment outlined by Public Power Corporation (PPC) appears to have helped avoid "forced selling" of its sustainability-linked bond (SLB) after a target failure,...
SFDR 'stimulates greenwashing', claims Marsham
The creation of Article 8 and 9 fund classifications within the EU's Sustainable Finance Disclosure Regulation (SFDR) 'stimulated greenwashing', Marsham Investment Management has argued.
Sovereign SLBs are 'good hedge' against sustainability policy changes
Sovereign sustainability-linked bonds (SLBs) are effective hedging instruments for investors against sustainability policy shifts, according to the Anthropocene Fixed Income Institute (AFII).
ESG in Fixed Income EMEA 2023 - early bird ends this Friday
The early bird rate for Environmental Finance's annual ESG in Fixed Income EMEA conference will end this Friday, so register now to save 20%
Air France-KLM sustainability-linked bond step-up 'falls short'
The coupon step-up on the ground-breaking Air France-KLM sustainability-linked bond (SLB) has "fallen short" in terms of its materiality, ...
AFII: Milestone 'first' SLB step-up should give investors confidence
The sustainability-linked bond (SLB) market has reached a milestone after the "first" step-up was triggered by PKN Orlen...