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Green bond market still small, with likes of Tesla skipping it

It would otherwise have boosted US corporate issuance in 2017 by more than a third

Interest was high for Tesla's debt sale, with the B3/B- rated deal raised to US$1.8 billion from the original US$1.5 billion.

New York

INVESTORS are hungrier than ever for green bonds, yet companies known for their sustainable prowess - including Tesla Inc - are choosing to sit out, raising questions about just how valuable the label is.

US non-financial companies have been...

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