Snam raises €650m from EU Taxonomy-aligned 'transition' bond
Italian energy infrastructure firm Snam has raised €650 million ($710 million) from its second EU Taxonomy-aligned transition bond, in a deal which was more than four-times oversubscribed.
Bond round-up: KfW, Snam, Landwirtschaftliche Rentenbank ... and more
Snam's return to transition bonds 'a big sign' SLBs are under pressure
The return of Italian energy firm Snam to the controversial transition bond market is a "big sign" investors are pushing for more ambition from sustainability-linked bond (SLB) issuers, according to a banking source.
Green Bond Comment, August 2021: A new dawn for the beleaguered transition bond label?
Once seen as the next exciting frontier in sustainable fixed income, the take-up of transition bonds has so far underwhelmed the market. But could the beleaguered label stage a fight back, asks Ahren Lester
'Transition' firms preferring sustainability-linked over transition bonds
Sustainability-linked bonds are proving more popular for carbon-intensive issuers than transition bonds, and experts are worried the 'transition' label is adding unnecessary confusion in the market. Ahren Lester and Christopher Marchant report
LSE launches first dedicated transition bond segment
The London Stock Exchange (LSE) has launched a dedicated transition bond segment to its sustainable bond market (SBM), in a move it is believed makes it the first exchange to do so.
ESG in Fixed Income Europe 2020 conference: Day one round up
The annual conference is being held virtually this year and attracted over 600 delegates on its first day