Alphabet to sell $5.75B of ESG bonds

Montag, 03. August 2020 19:38

American multinational conglomerate reportedly seeks to sell $5.75 billion of environmental, social and governance (ESG) bonds the company has in its corporate records.

According to the Washington Post’s sources, Alphabet may sell its debt in six parts. The longest security, a 40-year bond, may reportedly yield between 1.25 and 1.3 percentage points above Treasuries.

ESG investing is spreading to all pockets of the fixed income markets. In contrast to equities, bond investors' main ESG focus is on mitigating downside risk, rather than capturing upside potential. ESG metrics can help identify new risk factors.

Relevante Links: Alphabet Inc.
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