CNP Assurances has successfully placed €750 million worth of notes due 30 June 2051 and paying interest
at 2.5% until 30 June 2031. The notes qualify as Tier 2 capital under Solvency II.
Emerging markets will invest an estimated 3.9% of GDP (USD 2.2 trillion annually) in infrastructure over next 20 years. There will be strong growth in investment in renewable energy, smart and resilient infrastructure.
Emerging Asia will invest an estimated USD 1.7 trillion annually, equal to 4.2% of GDP; China to account for 54% of emerging market spend.
Nomura Securities Co., Ltd, a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has priced a three-year Green Bond issue valued at 40 billion yen for NTT Finance Corporation. Nomura acted as bookrunner and green bond structuring agent for the offering, which was the first such offering for the company.
Generali Group has extremely high exposure to Europe, and especially in its native Italy, which has been heavily impacted by COVID-19 and this leaves it facing high payouts (insurance claims), says GlobalData, a leading data and analytics company.
The lockdowns implemented in the wake of the pandemic have had profound
implications on the way people live. One of them in the payment sector has been a surge
in e-commerce activity. More importantly perhaps, Covid-19 is blurring the lines
between e-commerce and traditional retail as social distancing forces merchants to
rethink their go-to-market and build an interchangeable presence between the online
and offline channels.