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Physical climate risks are becoming increasingly systemic and severe, which means high yield issuers need to be prepared to weather the storm 🌪 Recent events highlight the immediate impact of extreme weather on HY firms: 👉 Novelis halted production due to Swiss floods, affecting JLR 👉 Constellium faced €135m in flood damages 👉 The Chemours Company paused production in Mexico due to drought regulations Such instances may go unnoticed as a material risk due to the perception that climate change and its impacts are a medium to long term risk. But in this feature, 9fin assesses several HY issuers’ vulnerability to these risks, attitude shifts and regulation Read the analysis: https://hubs.li/Q02M_wSj0

HY issuers need to adapt amid extreme weather events

HY issuers need to adapt amid extreme weather events

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