European Sustainability-Linked Bonds & Loans Wrap
Download now! Higher Sustainability-Linked Loans Volumes YoY, Lower ESG Margin Adjustments, Lower Sustainability-Linked Bonds Volumes YoY, Higher Coupon Step-Up This full-year wrap will cover trends in the European sustainability-linked loan, or SLL, and high-yield bond, or SLB, markets in 2023, and what we expect in 2024. Key Takeaways SLL volumes increased in 2023 to €10.6 billion, while SLB volumes slightly decreased to €5.1 billion.The issuance of SLBs decreased to 9% in 2023, making us think that SLB issuance will continue decreasing in 2024.Sustainability terms in SLBs and SLLs are largely similar to those recorded last year, although SLBs doubled their penalty...
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