Zais and BNP Paribas strike ESG breakthrough with climate change CSO

By Dan Alderson

The growing theme of environmental, social and governance standards helping to revitalise the market for collateralised synthetic obligations appears to have taken a big step forward, with Zais Group and BNP Paribas partnering on a first-of-its-kind deal that could lay a template for future transactions

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TAGS: CDS Europe High yield bonds Investment grade credit Structured credit Zais BNP Paribas Credit derivatives Pricing CSO Primary market North America ESG