On trend: Chanel debuts new sustainability-linked bond

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The French firm has adopted a number of ambitious carbon reduction goals
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The French firm has adopted a number of ambitious carbon reduction goals

French luxury fashion label has raised a €600m bond whose terms are linked to its sustainability goals

Leading luxury goods firm Chanel last week raised its first sustainability-linked bond in a pioneering €600m transaction undertaken with banking giant BNP Paribas. The bond's terms are linked to the...

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