Podcasts - 02.05.2023 - 08:00 

Innovations in Sustainable Finance #4 with Stéphanie Mielnik | SLBs

In this episode, Julian Kölbel and Stéphanie Mielnik delve into sustainability-linked bonds (SLBs) to explore their potential benefits and risks.
Innovations in Sustainable Finance #4 Stéphanie Mielnik | Sustainability-Linked Bonds

SLBs have grown to a USD 280 billion market and represent an exciting alternative to green bonds in the sustainable debt market. When issuing an SLB, companies pledge to reach a sustainability performance target as part of the contract. If the company does not reach the target, the bond investors receive an additional “step-up” coupon. They analyze the example of a recent Air France KLM issue. One of Stephanie’s key points is that market pricing should reveal which SLBs have ambitious targets.

Subscribe here


Apple Podcasts


Google Podcasts

This could also be of interest to you