ESG #11: Investors, borrowers and financial institutions are using Environmental, Social and Governance (ESG) principles and metrics to shape the ways they attract capital, screen investments, set terms in complex transactions, and meet evolving compliance and disclosure requirements. The trend to incorporate ESG and sustainability considerations into debt issuances seems likely only to grow. In Europe specifically, the Sustainable Finance Disclosure Regulation (SFDR) and the EU Taxonomy Regulation are designed to reorient capital towards a more sustainable economy and to prevent greenwashing while promoting accountability and transparency.
In this episode, “ESG – Shaping How Companies Raise Capital,” host Allan Marks speaks with Milbank partners Alexandra Grant and Ana Grbec from the firm’s London-based European Leveraged Finance & Capital Markets group. They discuss how ESG factors have evolved despite market volatility and uncertainty, the difference between green bonds and sustainability-linked debt instruments, and what to expect in capital markets, banking, acquisition finance, and institutional lending.
About the Speakers:
Alexandra Grant is a European Leveraged Finance/Capital Markets partner in Milbank’s London office. She has extensive experience of advising both lenders and sponsors/borrowers on a wide range of complex and cross-border leveraged acquisition, public to private, and infrastructure financings and restructurings, across the full spectrum of products.
Ana Grbec is a Capital Markets partner in Milbank’s London office of Milbank LLP. She advises on public and private capital markets and finance transactions with a focus on high-yield bonds, equity capital markets and cross-border securities offerings across a broad range of sectors and jurisdictions.
Podcast host Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Mr. Marks also serves as an Adjunct Lecturer at the University of California, Berkeley at both the Law School and the Haas School of Business.