Greece’s PPC May Be Back on Track for ESG Bond Target, AFII Says
The Agios Dimitrios Power Plant, operated by Public Power Corp. SA (PPC), in Kozani, Greece.
Photographer: Konstantinos Tsakalidis/BloombergThis article is for subscribers only.
Greek utility Public Power Corp. is closer to meeting a sustainability-linked bond target than previously thought, the Anthropocene Fixed Income Institute said.
The development could mean investors won’t get the penalty coupon payment that bond pricing currently indicates they’re expecting, according to AFII, a research group that monitors debt markets.