JPMorgan Returns to Green Bond Market for First Time Since August 2021

📆 2023/10/17 00:24:00
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(Bloomberg) -- JPMorgan Chase & Co. sold green bonds for the first time in over two years as global sales of the debt accelerate at a record pace. Most Read ...

-- JPMorgan Chase & Co. sold green bonds for the first time in over two years as global sales of the debt accelerate at a record pace.Stocks Rise Amid Efforts to Stifle Israel Conflict: Markets Wrap

JPMorgan last tapped the green bond market in August 2021 when it raised $1.25 billion, data compiled by Bloomberg shows. The bank recently posted another quarter of record net interest income and boosted its forecast for the year. This year, Goldman Sachs Group Inc. expects just $40 billion of ESG corporate investment-grade issuance in the US dollar market — half the amount issued by US companies last year, and just 40% of 2021 levels.

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JPMorgan Returns to Green Bond Market for First Time Since August 2021JPMorgan Chase & Co. is selling green bonds for the first time in over two years as global sales of the debt accelerate at a record pace.
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