Ahold Delhaize Issues EUR600 Million Sustainability Bond
June 19 2019 - 12:59PM
Dow Jones News
By Oliver Griffin
Koninklijke Ahold Delhaize NV (AD.AE) said Wednesday that it has
issued its first sustainability bond to help it finance its new and
existing environmentally friendly projects.
The Dutch retailer said the bond is worth 600 million euros
($673.3 million) and has a six-year term, so that it will mature on
June 26, 2025.
Ahold Delhaize said it is the first retailer to issue a
euro-denominated sustainability bond.
Chief Executive Frans Muller said: "The issuance of our first
sustainability bond is a vital step in creating and sharing
sustainable value for all stakeholders."
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
June 19, 2019 12:44 ET (16:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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