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Published on 3/11/2021 in the Prospect News Green Finance Daily.

New Issue: Ahold Delhaize sells €600 million 0.375% nine-year sustainability bond

By Wendy Van Sickle

Columbus, Ohio, March 11 – Koninklijke Ahold Delhaize NV said it priced a €600 million offering of sustainability bonds.

The 0.375% bonds were sold at 99.63 and mature in nine years.

BNP Paribas Securities Corp., BofA Securities, Inc., Deutsche Bank, Goldman Sachs Bank Europe SE, J.P. Morgan Securities LLC and Societe Generale were the bookrunners.

Proceeds will be used to refinance debt and for general corporate purposes.

Ahold Delhaize is a food retailer based in Zaandam, the Netherlands.

Issuer:Koninklijke Ahold Delhaize NV
Issue:Sustainability bonds
Amount:€600 million
Maturity:March 18, 2030
Bookrunners:BNP Paribas Securities Corp., BofA Securities, Inc., Deutsche Bank, Goldman Sachs Bank Europe SE, J.P. Morgan Securities LLC and Societe Generale
Coupon:0.375%
Price:99.63
Pricing date:March 11
Settlement date:March 18

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