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By Ishika Mookerjee
Sustainability-linked bond deals have tumbled this year, prompting bankers and investors to question whether the $319 billion market will ever regain favor.
Companies and government bodies have so far raised $37.6 billion via the instruments, known as SLBs, about 46% lower than in all of 2023, according to data compiled by Bloomberg Intelligence. The product suffered the most in the US amid an ESG backlash, and Donald Trump’s anti-climate agenda will likely continue to weigh on fundraising..Read more
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