Le Lézard
Classified in: Environment
Subjects: Product/Service, Corporate Social Responsibility

Strateggyz - CLN Green in Paris

Bruno Boggiani, CEO of Strateggyz, launches CLN Green.

In October, Strateggyz launched its CLN Green activity on the Paris market. Credit Linked Notes (CLN) are "synthetic bonds" issued by banks to transfer specific credit risks to investors. A CLN is structured instrument using a derivative called a Credit Default Swap (CDS). These credit derivatives allow investors to receive coupons linked to the non-occurrence of a credit event.

One of the benefits of CLNs is that they can offer investors a higher yield than conventional bonds for a relatively similar level of risk. Furthermore, they provide exposure to types of risk or underlyings that do not exist in the traditional bond market, such as credit index tranches. Given the flexibility of structured products, we can customize the maturity, leverage, currency and counterparty risk taken by the investor as well as the underlying risk. The latter can include the credit risk of a single company, a credit index (a basket of dozens of companies) or a credit index tranche.

With the help of a structuring desk at a leading London bank, CLNs exposed to the risk of corporate default are selected specifically according to their ESG performance as evaluated by the major ESG rating agencies (MSCI, S&P Global, Sustainalytics, ISS, CDP, etc.). Hence the name - CLN Green!

Above all, CLN Green is aimed at institutional investors and asset managers, who are looking to optimize their returns, better manage their risk and searching for a Green investment. I would even go as far as saying that this type of product is reserved for investors who are genuine believers in socially responsible green investments.

The complete article is available here

The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.

These press releases may also interest you

at 16:35
The Duckhorn Portfolio, Inc. ("Duckhorn" or the "Company," , North America's premier luxury wine company, has released its inaugural Responsibility and Sustainability Report ("ESG Report"). The ESG Report, prepared by the Duckhorn's leadership team...

at 16:35
Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") announced today that it has completed its previously announced acquisition of VODA A/S, a leading multi-brand aftermarket parts and service provider for energy plants in Scandinavia. The...

at 16:35
Pininfarina is back at the International MotorXpo Hong Kong. Making its official debut at an Auto Show will be the electric Model E sedan designed for Hon Hai Technology Group (Foxconn), on display from 1 to 5 December in the Designer Zone at the...

at 16:20
CF Industries Holdings, Inc. today welcomed the U.S. Department of Commerce's ("Commerce") affirmative preliminary determinations that urea ammonium nitrate (UAN) imports from Russia are unfairly subsidized at rates ranging from 9.66% to 9.84% and...

at 15:45
Covanta Holding Corporation ("Covanta"), a world leader in sustainable waste and energy solutions, today announced the completion of its $5.3 billion acquisition by the EQT Infrastructure V fund ("EQT Infrastructure"), unveiling its strategy to...

at 15:00
Canada's cleantech entrepreneurs are proving their power to take on today's environmental challenges. Working in partnership with innovative companies, the Government of Canada is supporting the growth of a greener economy. Today, the Honourable...

News published on 12 october 2021 at 18:05 and distributed by: