 Home > Chemicals Industry > International Chemical > Evonik issues green hybrid bonds for the first time

Evonik issues green hybrid bonds for the first time

 Last Update: 2021-09-12
 Source: Internet
 Author: User

Tags

sustainable materials

food packaging symbols

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Sinochem News Online on August 26, Evonik Industries announced that it has successfully issued the company's first green hybrid bond with a denomination of 500 million euros
.

This is Evonik's first green financial bond issuance

It is reported that the green hybrid bond is valid for 60 years
.

Evonik has the first redemption right in 2026, followed by other financial liabilities

Evonik said that most of the bond proceeds will be used to invest in next-generation solutions, such as biosurfactants, sustainable food packaging, innovative insulation materials and gas filtration membranes
.

Evonik plans to further increase the proportion of sales generated by its next-generation solutions from the current 35% in the next few years

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

4-acryloylmorpholine ACMO

CAS No.: 5117-12-4

top

$3.39/KG EXW

UV-531

CAS No.: 1843-05-6

$7-8/MT FOB

benzotriazole ultraviolet absorbers UV-P

CAS No.: 2440-22-4

$7-8/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.