Huhtamaki sets framework for sustainability-linked bond pricing

By Marisa Wong

Los Angeles, May 25 – Huhtamaki Oyj has published a sustainability-linked bond framework for the future issuance of sustainability-linked securities, according to a Wednesday press release.

Under the framework, the interest rate or other financial characteristics, of a security will change if Huhtamaki fails to meet the predefined sustainability performance target at an agreed testing date for a designated sustainability performance indicator.

Huhtamaki is a consumer packaging company based in Espoo, Finland.

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