Finance
Burberry Plans Ethical Luxury Investment
- Trench-coat maker plans debut sterling sustainable bond sale
- Deal comes as company starts to bounce back from coronavirus
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Burberry Group Plc is offering a touch of luxury to ethical investors.
The trench-coat maker intends to sell a sterling sustainability bond, as the socially responsible debt market increasingly grows beyond utilities, banks and governments. Calls about the five-year deal start on Thursday, according to a person familiar with the matter, who asked not to be identified because they’re not authorized to speak about it.