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
Photographer: Eric Thayer/Bloomberg
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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 ParisBloomberg Terminal and auto lessor ALD SABloomberg Terminal are all planning debut deals, while Japanese lender Mitsubishi UFJ Financial Group Inc.Bloomberg Terminal 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.Bloomberg Terminal, French bank BPCE SA Bloomberg Terminaland Japan-based Sumitomo Mitsui Trust Bank Ltd.