Comment / DHL Group – a 'sustainable' bonding experience

Photo: Oleg Dudko | Dreamstime.com

To negate/deny commitment would be unfair with DHL Group in its green push as the first financing of its kind for the Germans emerged this week from the bond market.

Topic: Green funding.

Borrower: Deutsche Post AG, the parent company of DHL Group.

Investors welcomed the issuer, which yesterday, 26 June, disclosed its “first sustainability-linked bond”, where cost of funding is tied to certain green-friendly KPIs.

The first bullet of the release was perfectly worded, attracting… interest: “Interest rate is linked to the achievement of the ...