By Devika Patel
Knoxville, Tenn., Nov. 13 – UPM sold €750 million of 0.125% eight-year green bonds, according to a press release.
Citigroup, BNP Paribas, JPMorgan and Nordea were the bookrunners.
Proceeds will be used for financing and/or refinancing eligible green projects and assets.
The renewable energy company is based in Helsinki.
Issuer: | UPM
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Issue: | Green bonds
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Amount: | €750 million
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Maturity: | November 2028
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Bookrunners: | Citigroup, BNP Paribas, JP Morgan and Nordea
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Coupon: | 0.125%
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Announcement date: | Nov. 13
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