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Enel Raises Coupons in Move Affecting About $11 Billion of Bonds

(Bloomberg) Enel SpA will raise the coupons it pays investors on several so-called sustainability-linked bonds, after the Italian energy company triggered a penalty by missing its greenhouse-gas emissions targets.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsZimbabwe’s ZiG Wipes Out 330% Stocks RallyTrump Has Only $6.8 Million for Leg ....

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More ESG bond-risk trigger events likely

LONDON: The market for sustainability-linked bonds (SLBs), which is worth more than US$250bil, looks set to witness a rare trigger event as its biggest issuer appears on track to miss a key target tied to the debt. ....

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Enel facing biggest-ever SLB coupon step-up, AFII says

Enel facing biggest-ever SLB coupon step-up, AFII says
ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.

Josephine Richardson , Enel Slbs , Anthropocene Fixed Income Institute , Anthropocene Fixed Income , Strategic Plan , Sustainability Linked Financing Framework ,

Enel Seen Missing Key Target Linked to $11 Billion of ESG Bonds

Enel Seen Missing Key Target Linked to $11 Billion of ESG Bonds
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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