After a $625 million hack, the party must go on
By all appearances, it was your typical tech party.
Source: henryherald.com
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SLBs gain Asian momentum with Surbana Jurong, Olam deals
By Jon Hay 04 Feb 2021 Sustainability-linked bonds conquered a new investor base this week, as the instrument spreads rapidly around the world. Surbana Jurong, an architecture and engineering consultancy indirectly owned by the Singapore government, brought the first such instrument to the Singapore dollar market, where it aroused keen interest. The S$250m ($188m) 10 year bond will give investors a 75bp premium payment on redemption if Surbana Jurong fails to meet targets to reduce its net carbon emissions.“They ended up pricing inside fair value, based on our estimates,” said Alfonso Map...
Source: globalcapital.com