Mastercard Mulls Its First ESG Bond After Visa as Sales Rise (1)

Mastercard Inc. is planning to issue debt tied to environmental, social and governance projects for the first time, joining a growing list of issuers in the consumer finance sector tapping the sustainable bond market.

The payment processor has mandated banks and plans to hold a call for fixed-income ESG investors on Monday at 3:00 p.m. ET, according to a person familiar with the matter who asked not to be identified because the details are private. A potential ESG bond sale that may follow would be the first from the company, according to data compiled by Bloomberg.

More consumer finance firms ...