Valmet eyes first issue of euro-denominated five-year green notes

By Mary-Katherine Stinson

Lexington, Ky., March 1 – Valmet Corp. is planning an inaugural issue of a euro-denominated fixed-rate senior green notes with an expected principal amount of €200 million and a tenor of five years, according to a notice.

Danske Bank A/S and Nordea Bank Abp are serving as joint lead managers for the potential offering.

Proceeds will be used in accordance with the company’s newly launched green finance framework. Nordea also acted as an advisor in the establishment of the framework.

Valmet is a global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. The head office is in Espoo, Finland.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.