Europe's Green-Bond Sales Flourish Even as Debt Issuance Withers
- Seven issuers have sold green bonds since start of the month
- Paris railway builder and Ireland among issuers planning deals
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Borrowers from around the world are tapping Europe’s green-bond market, fanning a sales boom that has bucked this year’s wider debt-issuance slump.
Ireland, railway developer Societe du Grand Paris and auto lessor ALD SA are all planning debut deals, while Japanese lender Mitsubishi UFJ Financial Group Inc. is working on its second euro green note this year. Seven other issuers have already sold green notes this month including China General Nuclear Power Corp., French bank BPCE SA and Japan-based Sumitomo Mitsui Trust Bank Ltd.