Clariant Starts Green Bond as a Part of Sustainable Growth Strategy
Clariant successfully prices its first green bond. The CHF 175 million green bond has a coupon of 2.717% and a 2027 maturity date.
An amount equal to the net proceeds from the bond issuance will be allocated to the financing and/or refinancing of investments in Eligible Assets as established by Clariant within its Green Financing Framework. Eligible Assets promote the transition toward a low-carbon and environmentally sustainable society, as determined by Clariant.
The green bond issuance under our Green Financing Framework exactly fits our focus on sustainability as part of our purpose-led growth strategy,” said Bill Collins, chief financial officer of Clariant.
The transaction emphasizes Clariant’s sustainability leadership and represents clear progress in the implementation of its 2030 roadmap to achieve its science-based climate targets. The financing and/or refinancing of Eligible Assets with the green bond proceeds will contribute to achieving the company’s ambitious targets.