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2023 February

Clifford Chance advises Citi on world-first emission reduction-linked bond issued by the International Bank for Reconstruction and Development

International law firm Clifford Chance advised Citigroup Global Markets Limited (“Citi”) as arranger of the first bond linked to the generation of voluntary carbon units (“VCUs”), which was issued by the International Bank for Reconstruction and Development (“IBRD”), part of the World Bank Group. Interest on the bond is linked to and contingent on the […]

The post Clifford Chance advises Citi on world-first emission reduction-linked bond issued by the International Bank for Reconstruction and Development appeared first on Legal Desire.

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