Sustainable debt is becoming more than green. Bloomberg is tracking the growth of new debt instrumentsthat seek to not only address climate change but also social issues such as gender discrimination andchild labor. The market is now bigger, broader, and more popular than ever.Lenders are offering companies loans with interest rates, covenants, repayment schedules, and otherterms that are linked to how well a borrower performs on a variety of environmental, social, andgovernance objectives. Banks and institutional investors with direct lending services were given a hand onhow to structure these deals in March, when loan market associations representing members in Europe,the U.S., and the Asia-Pacific region released a guideline framework, Sustainability Linked Loan Principles.
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