Knorr-Bremse to price benchmark five-year sustainability-linked bonds

By Marisa Wong

Los Angeles, Sept. 14 – Knorr-Bremse AG plans to issue a euro-denominated benchmark offering of five-year inaugural sustainability-linked bonds, according to a notice.

Initial price talk is in the mid-swaps plus 95 basis points area.

Deutsche Bank (billing and delivery), HSBC and UniCredit are managers for the offering.

Knorr-Bremse is a Munich-based manufacturer of braking systems for rail and commercial vehicles.

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