ENVIRONMENTAL, social and governance (ESG) bonds tied to debt swaps arranged by Credit Suisse and Bank of America Corp (BofA) are being reclassified by the fund managers buying them, in a move they say is needed to protect their investment clients from mislabelling.
Rest of World News: Gabon has completed a $500 million debt-for-nature swap that helps to refinance a small portion of its debt and locks in funds for marine conservation.
Gabon Wraps Up $500 Million Debt-for-Nature Swap 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.