Your email has been successfully added to our mailing list.

×
0 0 0 0 0.00812610741125441 0.00201625221482251 0.00812610741125441 0.00608948901244384
Stock impact report

Creditors Lose Some Rights as ESG Bond Market Allows Legal Tweak [Business News Network (BNN) (Canada)]

ACCOR SA SPNS/ADR (ACCYY) 
It's a variation on the sustainability-linked bond, which generally requires an issuer to meet pre-determined environmental, social or governance goals within a given timeframe, or face higher borrowing costs. The more flexible version of the SLB allows issuers to adjust those targets under certain conditions, without incurring a penalty. “The current wording of these fallbacks gives a relatively high degree of discretion to the borrower,” said Arthur Krebbers, head of corporate climate and ESG capital markets at NatWest Markets Plc. For now, such flexible SLBs make up a tiny fraction of the wider ESG debt market, which Bloomberg Intelligence estimates will mushroom to $15 trillion by 2025. But bankers watching the development say the new, more flexible product is likely to catch on, as issuers look for ways to cope with increasingly volatile markets in which key ESG parameters such as energy prices become harder to predict. “Capital markets need to be able to find solutions fo Show less Read more
Impact Snapshot
Event Time:
ACCYY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ACCYY alerts
Opt-in for
ACCYY alerts

from News Quantified
Opt-in for
ACCYY alerts

from News Quantified