Landmark green SRT introduced

Pic© Z thomas

Category: Capital Relief Trades ABS


Previous Story       Next Story

PREMIUM CONTENT

Regular in-depth analysis, in addition to SCI’s usual news stories

To continue, you need to upgrade your subscription to access this article and all Premium content reports.

Existing Subscribers contact Tauseef Asri: ta@structuredcreditinvestor.com

Already registered?

Not yet registered? Join today to access SCI Content.

Mariner Investment Group and Crédit Agricole have collaborated to create the first green capital relief trade, the French lender's largest synthetic issuance to date. Dubbed Premium Green 2017-2, the innovative US$3bn risk transfer transaction combines capital management best practices with the objectives of socially responsible investing.

According to Pascale Olivie, head of structuring, research and asset allocation in Crédit Agricole's credit portfolio management group in Paris, the securitisation allows the lender to "release capital, which can in turn be used to finance green assets for the real economy."

Already registered?

Not yet registered? Join today to access SCI Content.

-