Verbund Places New EUR 500 Mln Green Bond
May 21 (Reuters) -VERBUND AG VERB.VI:
SUCCESSFULLY PLACES NEW EUR 500 MILLION GREEN BOND INCLUDING BIODIVERSITY
INTENDS TO USE NET PROCEEDS FROM ISSUANCE OF BOND FOR GREEN PROJECTS
HIGH DEMAND MADE IT POSSIBLE TO SET INTEREST RATE AT AN ATTRACTIVE LEVEL OF 3.250%
INTENDS TO USE UP TO 90% OF PROCEEDS FROM BOND TO FINANCE CONSTRUCTION OF 380 KV SALZBURG HIGH-VOLTAGE LINE
ADDITIONALLY, VERBUND INTENDS TO FINANCE PROJECTS "LIFE RIVERSCAPE LOWER INN" AND "LIFE PROJECT BLUE BELT DANUBE INN" ( "BIODIVERSITY PROJECTS")
Source text for Eikon: ID:nEQ2hg66ca
Further company coverage: VERB.VI
(Gdansk Newsroom)
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