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...Fico last month performed a U-turn on the latter issue and pledged to maintain help for Ukraine....
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...ArtFi 2024-1’s prospectus has further detail on the collateral backing the deal, which it notes can include “fine art, collectibles, design furniture, coins, books, jewelry, watches, wine or other spirits...
...The U-turn puts S&P at odds with debt rating rival Moody’s, which still rates ESG criteria on a one to five scale. S&P is influential, with debt ratings that can affect a company’s borrowing cost....
...The US Trustee is now seeking court permission to nullify those awards, a first step to clawing back the money....
...s=46&t=sHLp3DbiINVc5keG0SC8fQ There are other interesting details in the WSJ piece....
...S&P Dow Jones Indices, September 21, 2023: Look, the Morningstar report that Institutional Investor cites is as legit as the SPIVA scorecard from S&P DJI....
...The slower expectations for the transition come as companies make U-turns on their climate pledges and governments double down on fossil fuels amid energy security concerns....
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