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Companies Working Toward ESG Goals Should Use of a Range of Financial Instruments

There are numerous financial instruments emerging as companies, governments, and institutions focus more on sustainability and other ESG goals. Leaders from BNP Paribas, JPMorgan Asset Management and IDA Ireland commented on the range of options available to companies working towards a more sustainable future

LatAm Bankers Tout a Busy April Amid New Normal for Bond Deals

Latin American bond issuers are expected to flood the market this month. Bankers have adjusted to digital dealmaking, but some clients need greater hand-holding. Many expect a return to travel but at a reduced level. Latin America s bond market might be dwarfed by its gargantuan US peer, but for the tight-knit clique of bankers that ply their trade in the region, April is shaping up to be a busy month. A year after the pandemic spurred a deluge of new bond sales, borrowing costs remain low. And for Latin American issuers, an ideal window has opened to conduct transactions while interest rates are near rock-bottom and investors clamor for opportunities to put their money to work.

Japanese bank MUFG hires three managing directors to cover private equity

MUFG MUFG snares three banking veterans from rival institutions. Michael Klein, Keith Murray join from Regions Bank and RBC, respectively, John Timoney joins from Antares.  The Japanese bank continues its hiring spree with an eye on direct lending and PE coverage. MUFG has hired three senior bankers in the US to bolster its coverage of private equity firms and build out its direct lending business. Michael Klein and Keith Murray have joined the Japanese bank as managing directors of sponsor coverage, MUFG spokesperson Assaf Kedem told Insider. Both will report to Matt Maley, MUFG s head of private equity sponsor coverage, which falls within the bank s corporate advisory group.

Law firms are staffing up to meet demand for renewable energy work

Kirkland & Ellis Law firms like Kirkland and Allen & Overy are investing in their project finance groups. The firms are hiring energy sector-focused lawyers who have private equity and finance clients. Demand is high because investors want to invest in renewable energy and infrastructure projects. Companies in the energy sector are moving full steam ahead on big projects in 2021 driven by demand for renewable solutions and elite law firms are gearing up to fight for work with hires in debt and finance groups. Firms like Kirkland & Ellis and Allen & Overy have all recently hired energy pros to bulk up their debt and project finance teams, which help clients navigate the cost and execution of large-scale energy and infrastructure projects, such as toll roads, airports and power plants.

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