Saint-Gobain: two green bond issues
After a Sustainability Linked Bond in August 2022 and the renewal in December 2023 of its available bank credit line in Sustainability Linked Loan format, this bond issue is a first for the building materials group.
With this transaction, Saint-Gobain took advantage of favorable market conditions to extend the average maturity of its debt, while optimizing its financing terms. The issue was approximately three times oversubscribed, with nearly 200 investors.
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