Sustainable Junk April Wrap 2021
- Josh Latham
Expectations of a green-fuelled second quarter for this year are high, after a blockbuster Q1 issuance surprised market participants.
Since the beginning of 2021, Sustainability-linked loans (SLL) have taken centre stage, with a series of deals printing over €19.6bn from 17 European borrowers.
A list of SLL’s we’ve tracked since the start of 2020 can be found below and to accompany this, our ESG-linked loans report ‘Saving the world, a few bps at a time’ is a must read. In this analysis we do a deeper dive into ESG margin ratchet provisions and key differences we’ve noticed across those European leveraged loans.