Slovenia to issue first European sovereign SLB - sustainability-linked bond - with interest linked to whether or not the country achieves its climate target
Slovenia to issue first European sovereign SLB - sustainability-linked bond - with interest linked to whether or not the country achieves its climate target
www.netzeroinvestor.net
Slovenia to issue first European sovereign SLB - Net Zero Investor - Net Zero Investor
cross-posted from: https://scribe.disroot.org/post/3275746
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The country hopes to raise €1bn by issuing debt with a ten year maturity in early July 2025. It comes with a a final maturity bond coupon adjustment of +50bps if Slovenia misses a 2030 target on emissions of -35% vs a 2005 baseline, and a further adjustment of -50bps if it decarbonises more than -45%, providing the country with an incentive to ramp up the pace of its decarbonisation beyond current targets.
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