Archive

From COP to coop

While COP16 is important, it is also worth paying attention to a bond issue from a UK chicken producer, write Ulf Erlandsson and Trisha Hutchinson

People Moves, 20 September: Mirova, CAM, Vision Ridge, AFII and more

A tale of two triple-tranche sustainable bonds

After two innovative sustainability-focused triple-tranche bond deals from Ahold Delhaize and EDF in recent months, the Anthropocene Fixed Income Institute (AFII) argues the Dutch-Belgian supermarket chain ...

'Probably the most beautiful bond we have ever seen'

The Anthropocene Fixed Income Institute (AFII) has argued that sovereign issuers should develop a sustainability-linked bond (SLB) in twin-bond format, arguing this would "probably be the most beautiful bond we have ever seen".

Offset-heavy Eni SLB target 'one to watch' for 2024, says AFII

The surprisingly high use of carbon offsets by Italian oil major Eni in its progress towards its carbon emissions target has created an interesting litmus test for issuer and investor behaviours around sustainability-linked bonds (SLBs),...

Almost 30% of SLBs could miss their 2024 targets, says AFII

There have been "strong examples" of impactful sustainability-linked bonds (SLBs) transactions in the market as they approach their 2024 targets, according to the Anthropocene Fixed Income Institute (AFII) ...

Enel 'rewarded' by investors after landmark SLB target miss, says AFII

The return of Enel to the sustainability-linked bond market following its historic target miss is a "strong vote of confidence" in the instrument...

People Moves, 7 June: Abrdn, Savills IM, CPP IB, South Pole ... and more

Enel SLB target miss 'very significant event' for market

The missed target tied to more than $10 billion worth of sustainability-linked bonds from Italian energy firm Enel has been described as showing the "value" of the performance-based instrument,...

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).