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Published on 11/15/2021 in the Prospect News Green Finance Daily.

New Issue: Verde Bidco sells €30 million tap of 4.625% sustainability notes

By Devika Patel

Knoxville, Tenn., Nov. 15 – Verde Bidco SpA issued €30 million of additional 4.625% sustainability-linked notes due 2026 at 100.25, according to a press release.

The company previously sold €450 million of the notes on Oct. 1.

Proceeds will be used for general corporate purposes.

Verde Bidco is a waste management company in Milano, Italy.

Issuer:Verde Bidco SpA
Amount:€700 million
Description:Sustainability-linked notes
Maturity:2026
Coupon:4.625%
Price:100.25
Announcement date:Nov. 15
Total outstanding:€480 million, including €450 million sold on Oct. 1

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