To keep up to speed with recent market developments, the
innovative Sustainability-Linked Bonds (SLBs) can now be displayed
on the Luxembourg Green Exchange (LGX).
The Luxembourg Stock Exchange (LSE) has decided
to welcome Sustainability-Linked Bonds (SLBs) on
its Luxembourg Green Exchange platform (LGX),
alongside Green, Social and Sustainable Bonds, as well as Green,
Social and ESG Funds.
This decision follows the publication of ICMA's
Sustainability-Linked Bond Principles (SLBP) in
June 2020 and takes into account an increased popularity for these
sustainable debt instruments.
SLBs are performance-based bond instruments whose financial
and/or structural characteristics can vary depending on whether the
issuer achieves predefined sustainability objectives within a
predefined timeline. The potential variation of the coupon of the
bond is the most common example.