Bonds & Loans: Investors pile in on sustainability deal from Adani company
A weekly overview of ESG developments for fixed income
Investors got behind a sustainability-linked bond from Adani Electricity Mumbai at the end of last week, helping the firm raise $300m. Demand was nine-times higher than supply on the deal, largely from Asia. The 10-year bond has a coupon of 3.867%, which will be increased by 15 b…
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