EDF signed two €300 million sustainability-indexed revolving credit facilities (RCF) which
incorporate a pricing adjustment based on EDF's sustainability performance linked to CO2
emissions and energy efficiency.
— IFP Energies Nouvelles (IFPEN) and Total announce that they signed
a strategic R&D partnership yesterday, that includes an agreement to endow a chair at the
IFP School, on carbon capture, utilization and storage (CCUS) and technologies to curb
CO2 emissions. The roughly €40 million partnership covers a period of five years.
Swiss Re announced today the suspension of its previously communicated plans for an initial public offering (IPO) of ReAssure. This action is in response to the heightened caution and weaker underlying demand in the UK primary market from large institutional investors.
The excited hyperbole of restructuring announcements can't mask a central reality: from an industry perspective what Deutsche Bank is planning is not that radical and the targeted metrics hardly industry-busting. And is it all coming too late?
The direction of Deutsche Bank's 'BBB' rating will depend on how the bank progresses with its restructuring plan, Fitch Ratings says. The plan shows management's determination to strengthen the bank's business model and address its key weaknesses.