If signed into law, the measure will head off uncertainty and legal fights around some $16 trillion of LIBOR-linked deals that may survive beyond June 2023.
Investors' interest in companies' ESG performance, and in ESG-focused investment options, may be pivotal in convincing organizations to take sustainability issues seriously.
Twice as many loss-making firms raised capital last year as did profitable ones, giving many companies additional liquidity to weather investors' tighter purse strings this year.