By Devika Patel
Knoxville, Tenn., Nov. 13 – UPM sold €750 million of 0.125% eight-year green bonds, according to a press release.
Citigroup, BNP Paribas, JPMorgan and Nordea were the bookrunners.
Proceeds will be used for financing and/or refinancing eligible green projects and assets.
The renewable energy company is based in Helsinki.
| Issuer: | UPM
|
| Issue: | Green bonds
|
| Amount: | €750 million
|
| Maturity: | November 2028
|
| Bookrunners: | Citigroup, BNP Paribas, JP Morgan and Nordea
|
| Coupon: | 0.125%
|
| Announcement date: | Nov. 13
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
