A year ago, talk was how countries around the world were taking their first tentative steps out of the economic turmoil wrought by the Covid-19 pandemic. Visions for the future were brightening, with growth expected around the globe and optimism slowly replacing the pessimism that had previously pervaded. Events, however, rarely take stock of expectations.
Financing companies’ transitions to net-zero emissions is challenging. The unique flexibility of sustainability-linked bonds (SLBs) may be a key to achieving their green goals.
If anyone ever felt that being a public servant constituted an easy option reserved largely for those resistant to the rigours of the private sector, the past couple of years would surely have given them pause to reconsider their opinion.
The Asian high-yield bond market is poised to recover from one of the most challenging years in history, presenting opportunities for investors and issuers alike.
