Cleary Gottlieb Steen & Hamilton has helped the French building materials giant Saint-Gobain bring home its first bond issue linked to the achievement of environmental, social and governance goals, the latest major financing in Europe in the burgeoning ESG bond market.

The €1.5 billion corporate bond issue, which closed earlier this month, includes €500 million in “sustainability-linked bonds,” Cleary said in a statement. 

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