Schroders Greencoat, the specialist renewables and energy transition infrastructure manager of Schroders Capital, today announces the launch of the Schroders Capital Semi-Liquid Energy Transition Fund, the latest addition to its innovative fund range which also addresses clients' growing demand for energy transition investment solutions.
With a 5.5 times oversubscription and an order book totalling 2.7 billion euros, this issuance has been a huge success. More than 200 investors have once again shown their confidence in SUEZ: the very strong demand allowed to tighten the credit margin by 40 bps compared with initial price indications.
Following its first two bond issuances denominated in euro in May 2022 and October 2022, SUEZ successfully priced a 20-year inaugural sterling Green Bond, yesterday.
Emmanuel Brutin, Head of Insured Portfolio Management at CNP Assurances, indicates that over the course of 2022, the insurer has repositioned itself on bond products in order to benefit from the upward trend in interest rates.
With the increasing likelihood of a recession on the horizon as inflation rises, investors might want to turn into diversifying their portfolios with options that traditionally are less susceptible to downturns or usually recover from bear markets and recessions.