By Devika Patel
Knoxville, Tenn., July 5 – Renewi plc sold €75 million of 3% five-year green retail bonds, according to a press release.
ING Bank led the deal.
Proceeds will be used for green investments in waste recycling, waste treatment, waste collection and production of energy from waste and to partially refinance existing debt, including the €100 million bond which matures on July 30.
Renewi is a Buckinghamshire, U.K.-based international recycling company.
| Issuer: | Renewi plc
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| Securities: | Green retail bonds
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| Amount: | €75 million
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| Maturity: | July 19, 2024
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| Coupon: | 3%
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| Bookrunner: | ING Bank (lead)
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| Pricing date: | July 5
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| Settlement date: | July 19
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