Home Business Green CoCos Are Set to be the Hot New Thing

Green CoCos Are Set to be the Hot New Thing

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In Just Group’s case, its regulator, the U.K. Prudential Regulation Authority, doesn’t even consider the sustainable label legally binding. In the PRA view, it is always good if an institution under its watch can minimize refinancing risks. If it does so by issuing green-tinged bonds that attract a wider audience, that’s great.

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