JULY 11 2020 ISSUE 2341 www.ifre.com PEOPLE & MARKETS Dedicated ESG credit derivatives make faltering start 02 EQUITIES Rocket rides ������������� boom to US$3bn- plus listing 04 BONDS After record debt binge, investors take stock of corporate America 08 LOANS Surge in risk- weighted assets may curtail syndicated lending 10 It’s green, but not as we know it: BBVA raises €1bn from AT1 but investors remain sceptical SMIC listing surfs China wave: chipmaker raises Rmb45.3bn from 2020’s biggest IPO Between a rock and a hard place: US-China tensions hang over banks in Hong Kong 1 IFR Cover 2341.indd 1 10/07/2020 20:21:34 IFR’s ESG Financing Briefing IFR’s ESG Financing Briefing is a subscription service offering daily news, data and analysis on green and ESG financing from across the Refinitiv Capital Markets Insight Team. To subscribe or learn more, e-mail